Lending Club Is Cutting its Internship Program

Loan provider Lending Club lc just announced it’s axing its 10-week summer internship program.

The move comes as the company’s been struggling to hold onto investors for its loans. Additionally, Lending Club’s CEO Renaud Laplanche was forced to resign earlier this month, the company’s stock fell by about half, and it’s currently under a federal investigation, as CNBC reported.

Lending Club isn’t the only company of its type to be in...

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