QuoteWizard: Hot n’ Cold

Seattle-based lead-gen company QuoteWizard laid off about 30% (~50 employees) of its workforce this week. Recall: the company operates out of Seattle and Denver and has recently announced the launch of QuoteWizard Marketing; a new division-slash-brand-slash-portal focused on providing agents and insurers three products (leads, clicks, calls) for four lines of business (auto, home, life, health). According to QuoteWizard CEO Scott Peyree “the company has unfortunately found that the industry is not currently positioned to support this level of growth” whatever this is. Odd. Bottom Line: this is the second time the company downsizes in a period of 3 months.