• [Cycling] Zwift: co-CEO resigns, layoffs

    From Spike@21:1/5 to All on Tue Feb 6 10:12:58 2024
    More redundancies at Zwift as co-CEO resigns, but company insists "business
    is healthy" and "our community is growing"

    Layoffs come 10 months on from Zwift cutting its workforce by 15 per cent,
    the latest redundancies coming as the company says it "remains a healthy, global business with a passionate community"...

    by DAN ALEXANDER
    TUE, FEB 06, 2024 09:23

    The virtual cycling training app Zwift yesterday made more staff redundant,
    as co-CEO Kurt Biedler resigned too, with the company stating that despite
    the news it "remains a healthy, global business with a passionate
    community".

    The job losses follow similar announcements over the past two years, around
    150 staff let go in May 2022 before a further 80 jobs were cut last March,
    the second round of redundancies accounting for around 15 per cent of the workforce.

    Zwift confirmed in a post on its forums last night that the news of the
    latest job losses had been shared with employees on Monday morning, Eric
    Min continuing as sole CEO following Biedler's resignation.

    [Full story at]

    <https://road.cc/content/news/more-redundancies-zwift-co-ceo-resigns-306597>

    --
    Spike

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From JNugent@21:1/5 to Spike on Tue Feb 6 15:28:08 2024
    On 06/02/2024 10:12 am, Spike wrote:

    More redundancies at Zwift as co-CEO resigns, but company insists "business is healthy" and "our community is growing"

    Layoffs come 10 months on from Zwift cutting its workforce by 15 per cent, the latest redundancies coming as the company says it "remains a healthy, global business with a passionate community"...

    by DAN ALEXANDER
    TUE, FEB 06, 2024 09:23

    The virtual cycling training app Zwift yesterday made more staff redundant, as co-CEO Kurt Biedler resigned too, with the company stating that despite the news it "remains a healthy, global business with a passionate
    community".

    The job losses follow similar announcements over the past two years, around 150 staff let go in May 2022 before a further 80 jobs were cut last March, the second round of redundancies accounting for around 15 per cent of the workforce.

    Zwift confirmed in a post on its forums last night that the news of the latest job losses had been shared with employees on Monday morning, Eric
    Min continuing as sole CEO following Biedler's resignation.

    [Full story at]

    <https://road.cc/content/news/more-redundancies-zwift-co-ceo-resigns-306597>

    Redundancies, but "business is healthy" and "...growing..."?

    Do chav-cycle companies speak the same English as the rest of the country?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Spike@21:1/5 to JNugent on Tue Feb 6 19:47:19 2024
    JNugent <[email protected]> wrote:
    On 06/02/2024 10:12 am, Spike wrote:

    More redundancies at Zwift as co-CEO resigns, but company insists "business >> is healthy" and "our community is growing"

    Layoffs come 10 months on from Zwift cutting its workforce by 15 per cent, >> the latest redundancies coming as the company says it "remains a healthy,
    global business with a passionate community"...

    by DAN ALEXANDER
    TUE, FEB 06, 2024 09:23

    The virtual cycling training app Zwift yesterday made more staff redundant, >> as co-CEO Kurt Biedler resigned too, with the company stating that despite >> the news it "remains a healthy, global business with a passionate
    community".

    The job losses follow similar announcements over the past two years, around >> 150 staff let go in May 2022 before a further 80 jobs were cut last March, >> the second round of redundancies accounting for around 15 per cent of the
    workforce.

    Zwift confirmed in a post on its forums last night that the news of the
    latest job losses had been shared with employees on Monday morning, Eric
    Min continuing as sole CEO following Biedler's resignation.

    [Full story at]

    <https://road.cc/content/news/more-redundancies-zwift-co-ceo-resigns-306597>

    Redundancies, but "business is healthy" and "...growing..."?

    Do chav-cycle companies speak the same English as the rest of the country?

    LOL

    --
    Spike

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)