Dexerto4 mo ago
FaZe Clan has reportedly laid off 40% of its staff as the public company continues its financial spiral in the North American stock market.
Over the course of 2022, FaZe reported $53 million in losses despite some increases in revenue.
The famous rapper and entrepreneur left the company “effective immediately” on March 29, as was revealed in FaZe’s 2022 fourth-quarter fillings.
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Written By: Declan Mclaughlin
Tags: Esports Business
Date Published: 19 May, 2023 (4 months ago)
Publish Time: 7:44 PM (GMT +8:00)
Story Length: 434 words
Reading Time: 3 minutes read
Attachments: 1 Pictures
Story Rating: Rated #129 (out of 146 stories this day)
Estimated Value: $0.00
News Source URL: dexerto.com
Copyright: © Dexerto
Story ID: #823905
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