Jia Yueting, co-founder and head of Le Holdings Co, also known as LeEco, has indicated in the past that the company would lay off workers to become more efficient. Photo: SCMP Handout

LeEco unit suspended from trading after shares plunged amid layoff fears

Leshi Internet Information and Technology’s shares fell 7.85 per cent on Tuesday, reportedly triggering margin calls by brokerages

Topic |   LeEco

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Jia Yueting, co-founder and head of Le Holdings Co, also known as LeEco, has indicated in the past that the company would lay off workers to become more efficient. Photo: SCMP Handout
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