Layoffs At Ondeck

OnDeck issued a round of layoffs this week, new former employees report.

One said that the company had “made changes needed to navigate these unprecedented times.” The layoffs were announced on Wednesday and appear to span both the company’s New York and Denver offices.

Ironically, when deBanked sent an email to OnDeck’s head of corporate communications to obtain a comment on the news, the message was returned with an auto response that said that he too was no longer with the company.

Sean Murray is the President and Chief Editor of deBanked and the founder of the Broker Fair Conference. Connect with me on LinkedIn or follow me on twitter. You can view all future deBanked events here.