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CoinDesk Cuts a Reported 45% of Staff Ahead of Potential Sale

CoinDesk Cuts a Reported 45% of Staff Ahead of Potential Sale
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CoinDesk to cut staffing ahead of potential sale

CoinDesk, a crypto media business owned by Digital Currency Group, is reducing its workforce according to an internal email viewed by TechCrunch. CoinDesk to layoff part of its workforce, predominantly in its media team, ahead of its anticipated sale to a group of investors.

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CoinDesk To Slash Workforce Ahead Of Potential Sale: Report

CoinDesk To Slash Workforce Ahead Of Potential Sale: Report
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CoinDesk to slash workforce ahead of potential sale: Report

Cryptocurrency news company CoinDesk is reportedly slashing its workforce, as a group of investors was likely in the final stages to acquire it for about $125 million, the media reported on Monday.According to an internal email seen by .

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CoinDesk Cuts a Reported 45% of Staff Ahead of Potential Sale

Private investors are closing in on a $125 million dollar deal for the media company, which parent company Digital Currency Group would keep a stake in.

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