Insurtech Hippo Holdings Inc. is laying off about 20% of its workforce, roughly 120 employees, at the start of an “organizational realignment,” according to a U.S. Securities and Exchange Commission filing.
Tag: Hippo layoffs
Another Round of Insurtech Layoffs: Hippo Reduces Workforce by 10%
Hippo, an Israeli-founded insurtech company, has announced the layoff of 70 employees, accounting for approximately 10% of the company’s workforce. The decision was made “to further drive efficiency and increase focus on strategic priorities,” according to the company. The layoffs are effective immediately, and the company says it “expects the majority of the affected employees… Continue reading Another Round of Insurtech Layoffs: Hippo Reduces Workforce by 10%