 Even with this thinning of the ranks, there are still approximately 1,000 peer-to-peer companies in the Chinese market, "80 [to] 90 percent" of which "might go bust".In December 2018, the impact of the market and mainly regulatory changes also affected Dianrong, which led to cash-flow issues resulting in layoffs and office closures.Some employees complained in February 2019 that they have not received salaries for past two months.