RetailUS
Loop Layoffs
June 2024
Loop announced a layoff affecting 0 employees (1% of its workforce) in June 2024. The company operates in the Retail sector.
People Affected
0
Percentage
1%
Announced Date
Jun 16, 2024
About
Loop, a car insurance startup, has laid off staff after struggling to raise funds for 20 months, with an investor pulling out at the last minute. The layoffs were announced on June 16, 2024, impacting roles such as insurance agents, customer care, data analytics, marketing, software engineering, and product, though the exact number of affected employees is unclear.
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