Art Movements: Dozens Laid Off at Artnet and Artsy

Digital art giants Artnet and Artsy have implemented significant layoffs following their recent merger under the investment firm Beowolff Capital. The cuts, which occurred on April 16, impacted dozens of employees across both organizations, including senior editorial staff such as Sarah Cascone and Eileen Kinsella. The restructuring follows a reported 12% revenue decline for Artnet in early 2025 and involves the shutdown of Artnet's German entity as the two companies consolidate into a single team led by CEO Jeffrey Yin.

Artnet Makes Significant Layoffs Following Consolidation with Artsy

Artnet has implemented sweeping layoffs following its consolidation with Artsy under a single leadership team led by CEO Jeffrey Yin. The cuts have severely impacted Artnet News, resulting in the departure of veteran senior reporters Sarah Cascone and Eileen Kinsella, while Andrew Russeth has been named interim editor. Additionally, Artnet’s German entity is being wound down, affecting the Berlin-based team responsible for the platform's online sales operations.

A New "Creative" Campus in Rennes

Un nouveau campus « créatif » à Rennes

The private higher education group Icônes is investing €33 million to construct a new 16,000-square-meter "creative campus" in the EuroRennes district of Rennes, France. Scheduled to open in 2027, the complex will feature three buildings designed by architect Philippe Dubus, including a new home for the ESMA 3D animation school, a 300-studio student residence, and coworking spaces dedicated to creative startups.