Home / Articles / Lemonade closes on acquisition of insurtech Metromile, promptly lays off about 20% of its staff

Lemonade closes on acquisition of insurtech Metromile, promptly lays off about 20% of its staff

Lemonade closes on acquisition of insurtech Metromile, promptly lays off about 20% of its staff Image
  • Posted on 29th Jul, 2022 18:33 PM
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Publicly traded Lemonade has laid off about 60 employees of Metromile, the auto insurtech company it recently acquired – adding to the volatility the technology sector has seen over the past 18 months. In an emailed statement, a Lemonade spokesperson told TechCrunch that it was “able to offer…

Lemonade closes on acquisition of insurtech Metromile, promptly lays off about 20% of its staff View Story

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