Healthcare AI automation company Olive AI has cut approximately 35% of its workforce, or about 215 employees.  The Ohio-based company has provided machine learning software, described as an AI-powered digital employee, that automates some repetitive and back-office tasks at hospitals. Olive initiated the layoffs due to economic conditions and ongoing financial challenges affecting healthcare providers, according to Jenna Brubaker, VP of organizational effectiveness. The company has faced difficulties in the past year. In July, it laid off 450 staffers after Axios revealed that its promise of savings to hospitals was not coming to fruition. Olive also sold two of its product lines to sibling company Rotera in October after losing at least two health system customers and some executives. Olive has raised nearly $900M since its 2017 founding. In 2021, it was valued at $4B in a $400M funding round, the largest round ever for an Ohio startup.