Lemonade

Insurtech company Lemonade is laying off about 45 employees, representing 3% of its total workforce, as part of a restructuring effort aimed at improving personnel alignment and advancing toward profitability. The layoffs, announced in May 2023, primarily affect research and development departments, with approximately 30 of the impacted employees based in Israel—about 10% of the company's workforce there. Lemonade described the move as a periodic audit to ensure the right talent is in place, noting it continues to recruit for other roles. This follows a similar round of cuts a year earlier that focused on U.S. customer service.

Lemonade laid off 52 employees on 2022-04-20.