LendingClub (LC) to Cut 14% Staff

Go back to LendingClub (LC) to Cut 14% Staff

LendingClub Aligns Cost Structure to Evolving Macroeconomic Environment

October 12, 2023 4:06 PM EDT

Expects Annualized Run-Rate Savings of $30 to $35 Million
Provides Preliminary Select Financial Results for Third Quarter 2023
Schedules Third Quarter 2023 Earnings Release and Conference Call

SAN FRANCISCO, Oct. 12, 2023 /PRNewswire/ -- LendingClub Corporation (NYSE: LC) announced today a cost reduction plan to ensure its ability to navigate through... More