Olive memo announcing delay in compensation letters.
Health tech company Olive AI is delaying the release of compensation letters to employees, according to a memo obtained by Axios. The letters were to be distributed by the end of this week, and instead are expected to go out sometime in "early July," the memo says.
Why it matters: The delay comes amid an exodus of Olive employees, with Axios reporting that more than 40 staffers have left since April. Several of those quitting were in senior positions.
