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Lending Club lays off 460 employees — April 21, 2020

Lending Club, a finance company based in United States, laid off 460 employees on April 21, 2020. At the time, the company was at the Post-IPO stage. The layoff was reported by this source.

Company
Lending Club
Employees laid off
460
Date
April 21, 2020
Industry
Finance
Country
United States
Company stage
Post-IPO
Total raised (pre-layoff)
$392M

Source: https://www.cnbc.com/2020/04/21/lendingclub-cuts-30percent-of-workforce-as-covid-19-dampens-demand-for-loans.html

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See all layoffs from April 2020 or the full startup layoffs tracker.