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.

In Paris, Highly Mobile Gallerists

À Paris, des galeristes très mobiles

The Parisian art scene is experiencing a significant wave of gallery expansions and relocations across both the Right and Left Banks. Major developments include Kamel Mennour acquiring the former Malingue gallery space on Avenue Matignon for secondary market masterpieces, and Christophe Person moving from the Marais to a redesigned space on Rue du Bac with the backing of collector Jean Claude Gandur. Other notable moves include London-based Waddington Custot opening a Parisian branch, Singapore's Cuturi Gallery settling in the Palais-Royal, and Vincent Sator inaugurating a new space in the David Chipperfield-designed Morland Mixité Capitale complex.

V&A faces calls to become living wage employer on eve of Stratford opening

The Victoria and Albert Museum is facing intense pressure to become an accredited living wage employer just as it prepares to open its high-profile V&A East site in Stratford. A petition coordinated by Organise and Citizens UK has garnered over 21,000 signatures, calling on Director Tristram Hunt to ensure all staff and contractors receive the London living wage of £14.80 per hour. While the museum meets legal minimum wage requirements, campaigners argue that as a publicly funded institution, it must provide a wage that reflects the actual cost of living in the capital.

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.

Artnet and Artsy Announce They’re ‘Joining Forces’ Under Shared Leadership

Artnet and Artsy have announced a strategic merger under a single leadership structure following their acquisition by Beowolff Capital. While both platforms will maintain their distinct brand identities and websites, they will now operate as a combined organization led by Artsy CEO Jeffrey Yin, with Beowolff Capital founder Andrew Wolff serving as chairman. The move aims to integrate Artnet’s industry-leading price database and journalism with Artsy’s expansive e-commerce and discovery marketplace.

In Gorizia, artists work with local companies under the banner of circularity and industrial waste

A Gorizia gli artisti lavorano con le aziende del territorio all’insegna della circolarità degli scarti industriali

The exhibition "The Matter Loop" has opened in Gorizia as part of the GO! 2026 European Capital of Culture celebrations, showcasing a unique collaboration between contemporary artists and local industrial companies. Curated by Vincenzo Alessandria and organized by the QuiAltrove Association, the project paired four artists from the Friuli Venezia Giulia region with local businesses to repurpose industrial waste—including textiles, metals, and organic residues—into new artworks.