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Bitwise Industries' Board Terminates Co-CEOs Amid Financial Struggles

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Source: WTVG
Bitwise Industries' Board Terminates Co-CEOs Amid Financial Struggles
Photo: WTVG
TL;DR

Bitwise Industries, a tech and commercial real estate company, has fired its co-CEOs, including a University of Toledo graduate, amid financial troubles that led to the furlough of its entire staff of 900 employees and suspension of operations. The company was in the final stages of renovating the former Jefferson Center in Toledo to be a place where it could train people to work in the tech industry. The future of the Jefferson Center project is now in limbo, and local officials are scrambling to figure out what's next.

Topics:nationbusiness#bitwise-industries#business#ceo-firings#financial-troubles#tech-industry#toledo-campus
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  1. Bitwise board fires CEOs, including University of Toledo grad, amid furloughs and financial woes  WTVG
  2. Contract between El Paso and Bitwise Industries would have provided over $1M in ARPA funds  cbs4local.com
  3. NEW: Bitwise Industries' Board of Directors announces termination of company's co-CEOs  KMPH Fox 26
  4. What is Bitwise? Explaining the rise and fall of the Fresno-based tech company  KFSN-TV
  5. Bitwise board fires CEOs Jake Soberal and Irma Olguin Jr amid mounting financial woes  KFSN-TV

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