One of the most prominent esports organisation in the world 100 Thieves has dropped over a dozen employees working across their social media, content and general staff for what looks like a organisation wide downsizing.
Speculations arose that more employees are on their way out of the org but nothing can be confirmed as of now. These employees were a mix of both fresh recruits and old guards and its fair to say a lot of people were caught off guard with this sudden downsizing.
Mike Aranksy was one of the big names who were laid off, having spent 4 years with the organisation. Almost all employees thanked the org for their time and experience there but none of them states the reason behind this mass layoff.
“From being a fan for years to working at the company and meeting amazing people, it’s been an absolute pleasure,” former editor Alec Daughtry said.
“I am so grateful for this opportunity and for the chance to meet such amazing people,” “I’ll truly never forget the special moments I shared with this team.” former 100 Thieves thumbnail designer Damian said.
100 Thieves were ranked the 2nd most valuable esports organisation in the world which makes this layoff questionable if it was for economic reasons. However, this news comes following the lay-off by TSM, indicating worrying times for the esports industry.