The Week in Brief: Root layoffs, Tokio construction sale, activism at Safety, Hagerty’s Butcher on Unreserved
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The Week in Brief: Root layoffs, Tokio construction sale, activism at Safety, Hagerty’s Butcher on Unreserved

Jairo Ibarra
January 21, 2022
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Let’s get you up to speed on the key highlights of the week.

1. Root lays off 330 staffers, 20% of its workforce, in response to ‘loss cost inflation’

The auto InsurTech eliminated 330 roles, or about 20% of its workforce, in response to what the firm says are “loss cost inflation trends”.

Root...

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Jairo Ibarra
Senior Reporter
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