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The layoffs have taken the staff from 125 to less than two dozen, the report says. CEO KG announced the layoffs to staff at an all-hands meeting today in the company’s Hayward, Calif. offices.
This spartan crew has been whittled down following round after round of layoffs as customers and regulators have wised up to the lies that the company has been publicly sharing. After once maxing out at nearly 800 employees in late 2016, the company now stands as a skeleton of its former self, though for the company’s leadership this represents an inevitability that is the least of their problems.
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The company was once valued at $9 billion.
This is too funny