LeEco delays payroll until August due to ‘financial constraints’

 Some LeEco employees in China will not get paid until August. According to an official statement provided to TechCrunch, Leshi Holdings, LeEco’s holding company has decided to postpone July’s payroll until August 10th. This is at least the third time this year LeEco has delayed paying some of its workers.
Right now, it seems only employees in China will not get a paycheck into August. Read More

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