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LeEco Appears to be Falling…Hard

May 24, 2017 by Ted Leave a Comment

LeEco logoWhat started as a roar appears to be ending as a whimper, as Asian wannabe-giant LeEco announced this week plans to lay-off nearly 70% of their entire U.S. workforce. This significant retrenchment occurs just weeks after its proposed $2 billion acquisition of Vizio fell apart just before closing, and suggests the company, which is in multiple businesses, may have gotten ahead of itself…and ahead of its funding.

See more on this dramatic announcement from LeEco… [Read more…] about LeEco Appears to be Falling…Hard

Filed Under: Brands, Financial, Management, News, Pivot Point, Strategy Tagged With: funding, LeEco, Vizio

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A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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