We study the problem of determining whether a given graph G = (V, E) admits a matching M whose removal destroys all odd cycles of G (or equivalently whether G − M is bipartite). This problem is equivalent to determine whether G admits a (2, 1)-coloring, which is a 2-coloring of V (G) such that each color class induces a graph of maximum degree at most 1. We determine a dichotomy related to the NP-completeness of this problem, where we show that it is NP-complete even for 3-colorable planar graphs of maximum degree 4, while it is known that the problem can be solved in polynomial time for graphs of maximum degree at most 3. In addition we present polynomial-time algorithms for some graph classes, including graphs in which every odd cycle is a triangle, graphs of small dominating sets, and P 5 -free graphs. Additionally, we show that the problem is fixed parameter tractable when parameterized by the clique-width, which implies polynomial-time solution for many interesting graph classes, such as distance-hereditary, outerplanar, and chordal graphs. Finally, an O 2 O(vc(G)) • n -time algorithm and a kernel of at most 2 • nd(G) vertices are presented, where vc(G) and nd(G) are the vertex cover number and the neighborhood diversity of G, respectively.