Forkast, a media platform for the blockchain and cryptocurrency industry, has been forced to make some tough decisions following its merger with CryptoSlam.
As a result, Forkast has laid off the majority of its editorial staff as part of a restructuring effort. This move comes after the company announced its plans to become the “go-to news source and research destination for blockchain and cryptocurrency” earlier this year.
As of the writing of this article, the only members of the editorial staff that will remain are the Chief Editor and a handful of writers. All other members of the team have been laid off in order to make room for the new CryptoSlam team.
Forkast is currently undergoing a period of rapid growth and expansion due to its recent success in the industry. This merger is a part of that effort, and the changes that it brings may be difficult for some but may ultimately lead to a stronger business in the long run.
It is unclear how this restructuring will affect Forkast in the future, but it is likely that the company will continue to focus on providing the best news coverage in the space.
