Update: Debashish Ghosh has confirmed his exit to MediaNama and said that “I left LeEco in the week of 6th Feb itself. Atul left soon after. Regarding employees who have been laid off - I really cannot comment as I have not been with the company for some time now. I don't think the company is shutting down operations in India. But they will revise their strategy and work with a minimal workforce to drive only device sales.” Earlier: LeEco has fired 85% of its staff in India, and might be looking to exit the country, according to an Economic Times report. The report mentions that, two top executives, chief operating officer of smart electronics business Atul Jain and chief operating officer for Internet applications, services and content Debashish Ghosh have also resigned from the company. We have written to…
