Esports and life-style model 100 Thieves is shedding workers

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100 Thieves, a preferred gaming, esports, and life-style model, laid off about 30 workers on Tuesday, in line with esports journalist Jacob Wolf. The cuts hit roles in gross sales, advertising and marketing, content material and human sources in addition to senior positions together with chief income officer, director of individuals, director of expertise, and head of partnerships, Wolf experiences.

Forbes ranked 100 Thieves because the second-most helpful esports group in an article revealed in May. However given Tuesday’s layoffs, it seems that 100 Thieves isn’t proof against the financial challenges which have affected many different firms as of late; even giants like Meta and Amazon have introduced sweeping layoffs.

100 Thieves didn’t instantly reply to a request for remark. Tuesday’s layoff follows one other from July 2022 that affected greater than a dozen employees on the corporate’s social media and content material groups.

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