Case's Revolution Health to Lay Off 60 Workers in Restructuring
Posted: Sep 08, 2008 13:10:10
Revolution Health Group will lay off 60 employees starting this
week as part of a broad restructuring at the health-care business
launched two years ago by AOL founder Steve Case, the company said
yesterday.
The layoffs will occur at Revolution Health Networks, one of four
divisions at the privately held District firm, according to
spokesman Brad Burns. A note was distributed to employees last
night, Burns said.
Revolution Health was founded in 2005 with a mission to make
health care more consumer friendly. Case has made a big bet on the
business, investing tens of millions of his own fortune and hiring
hundreds of employees in anticipation of rapid growth.
