“In March 2015 LeEco’s CEO was behind a new Ad likening Apple to Hitler,” Jack Purcher reports for Patently Apple. “In April 2016 the brash CEO Jia Yueting confidently stated on CNBC that Apple was simply an outdated company. Reality hit LeEco and its egotistic CEO in December 2016 when the company lost millions in smartphones and was forced by the banks to go into super cost cutting mode to save the company. Today the CEO of LeEco has stepped down.”
“Today DigiTimes is reporting that ‘Jia Yueting, chairman and CEO of China-based LeEco, has stepped down as CEO of the company but will retain his position as chairman, according to a recent stock exchange filing,'” Purcher reports. “This move was likely forced upon LeEco by the banks.”
“The brash Yueting made a number of high profile gaffs and overspent wildly,” Purcher reports. “The company was forced to cut 13,000 – 14,000 jobs in December.”
Read more in the full article here.
MacDailyNews Take: As we wrote back in April 2015:
With a rocket scientist like Jia Yueting in charge, the outlook for [LeEco née Letv] (whatever that is) seems bleak.
SEE ALSO:
Chinese smartphone maker apologizes for comparing Apple to Hitler – April 1, 2015
[Thanks to MacDailyNews Readers “Fred Mertz” and “Dan K.” for the heads up.]
As far as I’m aware, Apple doesn’t discriminate against different races, has not to my knowledge attempted to gas millions of innocent men, women and children.
Apple have got close to world domination (in mobile devices at least), world domination is something Hitler conpletely failed to achieve.
So no, Apple (a company) cannot be compared to Hitler (mass murdering psycopath)
Apple did however along with amazon effectively destroy millions of physical books, this as far as I can see is the only parallel, it must be noted that both parties had polar opposite motives.
Quite to the contrary. While some don’t like Cook’s/Apple’s politics, they donate a lot to good causes including “RED” versions of many Apple products. What a jackass…
Don’t mess with Karma!!
Now I just want to see that CEO from Xiomi (sp?) bite the dust. Remember the one that was so glad when Steve passed away.
Xiaomi. Just another Chinese company with no creativity but great ripoff skills.
Comparing Apple to Hitler seems rather extreme. Maybe Apple could be compared to some other dictators but certainly not Hitler. It’s possible something got lost in translation.
As if Yueting was the only person on the planet guilty of hyperbole, exaggeration, and bias.
That seems a rather non-point.
The fact that others do it doesn’t make his less stupid.
And it is rather special… doing the crappy ol’ “Hitler” trolling against the biggest company on the planet. Worthy of some whining naysayers, but hardly appropriate for a CEO who wants to be taken seriously.
I too had a sense of déjà vu.
Now why would that be?
LeTrump?
I’d compare Pipeline more to Imelda Marcos than Hitler.
I see you guys got this covered.
It takes one to believe one. He sees in others what he feels in himself.
LeFired!
LeEco who?
Just another blunder busting dummy from China: criminal nation. What sick irony for a victim of totalitarian China to attempt to equate Apple with what is effectively the state of his own criminal nation.
LeEco go bye-bye. Dummy Jia Yueting leads the way. (o_O) 🙃📉