LeEco reportedly delayed the salaries of its US employees last month
According to Bloomberg, payroll was supposed to be met at the end of last month, but was delayed to April 4. While a four day delay doesn't seem like that much, coming from an international tech giant it's actually pretty big news, as it clearly proves LeEco is in deep financial trouble. Also, it's a particularly low blow to the employees themselves, most of which are likely set to be terminated pretty soon with the US office's closure.
Still, despite reportedly missing payments to suppliers as well as employees, the company insists it's still fighting to become a household name in the tech industry. In fact, we're expecting to see a new device next week – the LeEco Le Max 3 is set to officially launch on April 11. Still, things don't look to be going so well for the company, so for now we'd advise taking such claims with a healthy dose of skepticism.
source: Bloomberg
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