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Insurtech Root Lays Off 330 Employees as Loss Costs Increase

Technology company Root Inc., the Columbus, Ohio-based parent company of Root Insurance, announced yesterday that it has laid off approximately 330 team

United statesAlex timmRobert martinDaniel rosenthalRoot incRoot insuranceCarrier management

Why Shares of Root Are Crashing Heading Into the Weekend

The auto insurance company announced layoffs amid financial pressure.

Alex timmFederal reserve

Root Insurance lays off 330 employees, citing pandemic challenges

CEO and co-founder Alex Timm announced Thursday that 330 employees will be terminated, which represents approximately 20% of the company’s workforce.

Micah walkerAlex timmRoot insurance

Columbus Inno - Root Insurance cuts 330 jobs, citing pandemic strain

Columbus Inno - Root Insurance cuts 330 jobs, citing pandemic strain
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.

United statesAlex timmRoot insurance coRoot incRoot insuranceColumbus business

Columbus Inno - Startups to Watch: These are the Columbus companies we ve got our eyes on

Columbus Inno - Startups to Watch: These are the Columbus companies we ve got our eyes on
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.

United statesColumbu el vaqueroSam baddooTom walkerAlex hustedJeffry konczalJon hustedSunil sharmaHeath rittlerChris olsenA columbus robinhoodMichael morganBrett kaufmanMike mccannMike berkmanCavlin cooper

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