In the latest development regarding rumors surrounding Liberty Mutual, the company is now confirmed to be in the process of reducing its workforce by approximately 2%, which equates to around 850 jobs in the United States.
Tag: workforce reduction
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%