Virtual cycling platform Zwift today announced a fresh round of workforce reductions. This news comes less than a year after its last round layoffs, which saw a world-wide staff reduction of 15 percent. Adding to the challenges, the platform faced a setback as cycling's governing body, the UCI, inked a multi-year agreement with MyWhoosh, relinquishing World Championship rights to the UAE-based company.
At the time of publishing, Zwift had not shared the extent of the workforce cuts, but did reveal that changes will affect all areas of business and that co-CEO Kurt Beidler has chosen to resign and Eric Min will now continue as sole CEO.
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