LeEco delayed paying US employees, shows the company is going through the money shortage
LeEco delayed paying US employees, shows the company is going through the money shortage
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The giant tech conglomerate LeEco Inc is going good in the Indian markets, however, it seems that its conditions are some unbalanced in the US market. As per the reports, the company delayed the payment of its US employees.

The US-based firm used to distribute their income on the last day of the month and on 15th, but this time companies said that they will extend the payment date from 31st March to 4th April. 

However, the company said that the money shortage is not the issue but the money is taking the time to reach them from China. The company's controller Jia Yueting gave a statement that cash crunch issues were over in the month of January and now, there are no such issues.

 

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