LeEco plans 12,000 jobs at Santa Clara campus

LeEco, a China-based tech firm involved in an array of industries, said Wednesday that it intends to hire 12,000 people at a Santa Clara campus as it pushes ahead with new technology offerings and goes after Silicon Valley giants such as Apple, Google, Tesla and more.

“We’ve been hiring the best and the brightest” from numerous tech backgrounds, YT Jia, chief executive officer, chairman and founder of LeEco, wrote in a blog post. “We employ more than 500 in the U.S. today, with more being added each week.”

To accommodate that growth, LeEco in June bought 49 acres from Yahoo, where the company intends to build a campus that would create and launch numerous new technologies, Jia stated.

“This property will be an EcoCity that houses 12,000 employees and offers an open campus where all – including the community – will be welcome,” Jia said.

LeEco is involved in an array of industries: internet, cloud, music content, video content, smart televisions, mobile, sports, automotive and internet finance.

The company believes it can meld these businesses into a diverse array of offerings for consumers and businesses, and it is unveiling everything from a TV to a phone to an electric car (which did not end up on stage as planned) at an event in San Francisco on Wednesday.

“These areas may seem unrelated, but the synergy between and among them is the backbone of our business model,” Jia wrote in his blog post. “By integrating the best content with the best hardware through our EUI – ecosystem user interface – we are creating an “Eco Lifestyle,” a truly connected experience and life.”

LeEco officials sketched a picture of people seamlessly shifting the viewing of a video or audio from a TV set to a smartphone and even to a smart vehicle as a example of ways people could benefit from connected products and services developed by the company. That kind of interconnection today is difficult at best, and unworkable in numerous instances.

“Today the idea of living in ‘a connected world’ could not be further from reality,” Jia wrote. “Even the most tech-savvy individuals are stuck in a one-screen-at-a-time world, where screens do not interact without a dongle and definitely cannot do it seamlessly. Our vision is to connect all devices seamlessly and elegantly.”

LeEco faces a potentially brutal battle and uphill climb against some of the most savvy, powerful and innovative tech companies — and brands — in Silicon Valley. Among those: Cupertino-based Apple, Palo Alto-based Tesla and Los Gatos-based Netflix.

“At the heart of the issue is how the tech category and our counterparts have approached innovation,” Jia said. “They focus on building walls and silos; we are focused on tearing them down.”


Photo: From left: Danny Bowman, chief revenue officer at LeEco; Matt Mahood, president and CEO of San Jose Silicon Valley Chamber of Commerce; Luo Linquan, Chinese Consul General in San Francisco; Brian Hui, head of North America Operations at LeEco; San Jose Mayor Sam Liccardo; and Shawn Williams, chief administrative officer at LeEco, held a ribbon-cutting ceremony at the LeEco North American headquarters on Thursday, April 28, 2016, in San Jose, Calif. The company now says it will hire as many as 12,000 people at a new Santa Clara campus. (Tony Avelar/Invision for LeEco/AP)


Tags: , , , , , , , , ,


Share this Post

  • Bopper

    OK, sure, another 12,000 people in Santa Clara. From scratch. Actually, from where?

    Since it’s so difficult to recruit technical professionals and since so many of LeEco’s sectors parallel those of Yahoo, maybe they should just buy the company and use their technology base and employees build out their own org.

    I just don’t know how the hell companies think they’re going to fill their staffing requirements, how they’re going to house the people they do hire from outside the area and how those people are going to get to work.

    Well, I wish them the best. It’s nice the Bay Area is so attractive to tech companies but maybe it would be better for all of us if it wasn’t quite so nice.

  • Weird… particularly since barely three weeks later: Jia Yueting, head of China’s LeEco, finally admits that there was insufficient money to support the company’s wild expanse into new territories. This is particularly bad news for the moderately sketchy American automotive startup Faraday Future, which is strategically partnered with LeEco and is quite possibly doomed if its parent doesn’t shape up.