Booktopia sacks 165 staffers as QBD Books, Kogan consider takeover

Nathan Jolly

July 10, 2024 3:16

Booktopia has let 165 staff go as the beleaguered bookseller looks for an urgent sale whilst in voluntary administration.

Last week, Booktopia appointed Keith Crawford, Matthew Caddy and Damien Pasfield from McGrathNicol to oversee a possible sale.

“The Administrators are undertaking an urgent assessment of Booktopia’s business while options for its sale and/or recapitalisation are explored,” an ASX statement read.

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Nathan Jolly

Nathan Jolly is the Features Editor at Mumbrella. He joined the team in July, 2023.

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Booktopia sacks 165 staffers as QBD Books, Kogan consider takeover

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