It is true that Forkast recently announced a merger with CryptoSlam and that the majority of their editorial staff has been cut. The news of the merger and layoffs understandably caused worry amongst Forkast employees and readers.
The decision to cut back on staff was necessitated by the new combined team’s focus on a content and technology experience that would capitalize on the strengths and shared values of both companies. Forkast plans to invest more in scaling their content and technology platform, while continuing to strategically add more personnel as the business grows. Despite the layoffs, the existing content teams will remain and ensure that readers continue to get reliable and high-quality content.
Forkast is committed to continuing to offer its readers a great experience and will focus on expanding their offering of data-driven content. They hope that the new combination will lead to better services for their readers and a stronger team in the long run.