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February 15, 2023 Newswires
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Olive cuts 209 workers, 44 of them in Columbus

Columbus Dispatch (OH)

Olive is doing its second round of layoffs in seven months, telling the state that it will lay off 209 this time with 44 of them in Ohio.

Last July, Olive cut 450 jobs.

The company told the state that Olive workers are spread throughout the country with 44 of them in Ohio. The local workers are based at the company's corporate offices at 99 E. Main St.

The layoffs are expected to go into effect on April 10.

The company, whose technology links health care providers and insurance companies with customer information, attributed last summer's layoffs to an overly aggressive expansion.

The new layoffs by Olive are the latest in what has been a string of layoffs by local companies in recent months.

Dog-treat-and-subscription service Bark said last week it is cutting 12% of its jobs, including some in Columbus.

Auto insurer Root and lender Upstart have gone through two rounds of layoffs as well.

mawilliams@dispatch.com

@BizMarkWilliams

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