TechCrunch has shut its European operations, with many long-serving staff made redundant, reports Martin Coulter and Tom Matsuda of Sifted.
Coulter and Matsuda report, “The retreat comes after Yahoo, TechCrunch’s former parent company, sold the business to private equity firm Regent in March. While TechCrunch has yet to confirm how many people have been laid off, several European editorial staff members announced via social media posts they were seeking new roles.
“Two weeks ago Ingrid Lunden, a London-based news editor, announced via LinkedIn she had left the company in April, after 13 years. Natasha Lomas, a senior reporter, and Paul Sawers, a senior writer, said they had left the publication in recent weeks.
“Romain Dillet, previously a senior reporter at TechCrunch who covered the French ecosystem, wrote on Linkedin: ‘This is a bittersweet moment for me, as I didn’t leave TechCrunch on my own terms.’ Alluding to Regent’s recent takeover he said: ‘They thought international startup coverage wasn’t essential. I strongly disagree with that decision.’
“On Monday, Mike Butcher — for many synonymous with the brand in Europe — confirmed via Linkedin he had ‘parted ways’ with TechCrunch after 18 years.”
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