Denver-based education startup Guild has cut staff again, a year after its last round of layoffs and two months after naming a new permanent CEO.
A spokeswoman said the company reduced its workforce by 25 percent, cutting about 300 employees from its workforce of 1,200. CEO Bijal Shah announced the layoffs in a letter posted on Guild’s website this week.
Shah, previously Guild’s chief product officer and then chief experience officer, served as interim CEO after co-founder Rachel Romer suffered a stroke last August. In April, she was named to the position permanently.
