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.
“…several roles, predominantly in our media team, were impacted by a reduction in force,” Kevin Worth, CEO of CoinDesk wrote in the note.
Last month, the Wall Street Journal reported that the media organization was nearing a deal to be sold to a group of investors for $125 million. The investment is led by Matthew Roszak of Tally Capital and Peter Vessenes of Capital6, according to people close to the matter, WSJ said. The deal is expected to

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