CoinDesk reportedly planning layoffs ahead of stake sale to investors

2023/08/14 17:05

CoinDesk is reportedly planning to lay off staff in its editorial department ahead of the sale of a stake in the company to investors. The CEO of CoinDesk, Kevin Worth, sent an internal email warning that "several roles, predominantly in our media team, were impacted by a reduction in force." Reports estimate that the staff reduction could be as much as 45%, which would represent around 20 people.
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