Prosper Marketplace to Cut Jobs and Shuffle Executives

Prosper Marketplace Inc., one of the biggest upstart online consumer lenders, is cutting about 28% of its staff and shuffling executives as it aims to cope with a decline in loan volume.

http://www.wsj.com/articles/prosper-marketplace-to-cut-jobs-and-shuffles-executives-1462308893?mod=WSJ_TechWSJD_moreTopStories#:0ifg-OFCxSKYjA