US insurtech Policygenius cuts staff
Policygenius, a New York-based insurtech, has cut 25% of its workforce, that is about 170 employees.
According to Jennifer Fitzgerald, CEO and co-founder of Policygenius, the layoff is part of the company's strategy after the sudden and dramatic change in the economy.
The move comes three months after the insurtech completed a major fundraising round of 125 million USD in March 2022.
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Mon, 13/06/2022 - 11:25
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