Peter Thiel-backed insurance startup Jetty lays off 40% of staff days after pausing the sale of all new policies

Business Insider

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· Renters and deposit insurance startup Jetty laid off roughly 35 employees on Friday, or 40% of total staff. 
· The cuts come days after Jetty, and its reinsurer Munich Re, paused the sales of new policies as the coronavirus creates underwriting challenges.
· A company spokesperson said the cuts and the layoffs were not...

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