Coterie, a Blue Ash-based insurance-tech startup has laid off more than 30+ positions as the startup downturn continues to take a toll on tech companies nationwide. The positions represent roughly 30% of its workforce.
Coterie had laid off around 30 employees this week, its co-founder and CEO David McFarland confirmed in a LinkedIn posting. He blamed macroenvironment changes for the cuts. The jobs ranged from software engineers to PR team, according to postings on LinkedIn by those individuals and teams impacted by the layoffs.
Coterie is based out of Cincinatti.