Clover Health on Wednesday told employees it's laying off 25% of its staff.
on Wednesday told employees it's laying off 25% of its staff.
In a statement sent to Business Insider, Clover, which offers health plans to seniors through the Medicare Advantage program, said that about 140 employees will be laid off as the healthcare startup goes through a restructuring. The news comes just months after Clover raised an additional $500 million in funding.
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