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Home/Companies/Fintech/Lending Club
L
United States
Fintech

Lending Club layoffs, tracked in full.

Lending Club has cut 857 jobs across 3 tracked rounds since 2020. The most recent round was announced Oct 12, 2023, affecting 172 employees.

Last verified Oct 12, 2023|See methodology
At a glance
857
people laid off since 2020
Rounds
3
tracked
Industry share
1.4%
of Fintech cuts
Largest round
460
Apr 21, 2020
Most recent
Oct 12, 2023
172 cut
Total since 2020
All time
857
Across 3 rounds
Most recent round
Oct 12, 2023
172
Lending Club Layoffs — 2023-10-12
Layoff rounds
Tracked
3
Apr 21, 2020 — Oct 12, 2023
Industry share
Cumulative
1.4%
of all Fintech cuts
Complete timeline · 3 verified rounds

Every Lending Club layoff, documented.

Date
Event
Headcount
Location
Severity
Source
Oct 122023
Lending Club Layoffs — 2023-10-12
172
14.0% of total
SF Bay Area
US
High
bloomberg.com ↗
Jan 122023
Lending Club Layoffs — 2023-01-12
225
14.0% of total
SF Bay Area
US
High
bloomberg.com ↗
Apr 212020
Lending Club Layoffs — 2020-04-21
460
30.0% of total
SF Bay Area
US
Severe
cnbc.com ↗
By geography

Where the cuts landed, city by city.

  1. #01
    SF Bay Area
    3 ROUNDS · US
    857
Country breakdown
100% of cuts in United States
United States
857
Frequently asked

Questions about Lending Club layoffs.

How many people has Lending Club laid off since 2020?+
Our dataset tracks 857 job cuts across 3 layoff rounds at Lending Club since January 2020. All rounds are cross-referenced against WARN Act filings, SEC disclosures, and verified news reports.
When were Lending Club's most recent layoffs?+
Lending Club's most recent tracked layoffs were announced on October 12, 2023. Scroll up to the timeline for the full round-by-round history.
What percentage of Lending Club's workforce has been laid off?+
An exact workforce percentage isn't available for Lending Club — we don't have a confirmed peak headcount figure. The total cut figure above reflects all verified rounds in our dataset.
Which teams were affected by Lending Club layoffs?+
Team-level data for Lending Club is limited in our current dataset. Where available, division breakdowns are shown above.
Where does Lending Club layoff data come from?+
Our data combines WARN Act government filings (mandatory for US employers cutting 50+ workers with 60-day notice), SEC 8-K corporate disclosures, and verified news reports. Each event is assigned a verification tier. See our methodology for full standards.
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