Tag: esports layoffs
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Evil Geniuses to Withdraw CS2 Teams and Offload LCS Slot Amidst Restructuring
Evil Geniuses, a stalwart in the esports arena, is reportedly making significant changes to its competitive lineup, including the release of its Counter-Strike 2 (CS2) teams and the potential sale of its LCS franchise slot. The esports community is abuzz with reports that Evil Geniuses is set to streamline its operations. This strategic pivot comes…
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Tough Times for Esports: Layoffs Wreak Havoc in 2023
Esports Layoffs 2023: The impact of the recession has finally made its way to the esports industry, as it joins the long list of businesses that are facing mass layoffs and shutdowns. The severity of the situation has left industry insiders and outsiders perplexed and scrambling for answers. In this article, we explore the reasons…