100 Thieves lays off multiple key employees in another round of layoffs

Last updated: 2023/01/11 at 5:58 PM

3 Min Read

100 Thieves lays off multiple key employees in another round of layoffs – Beginning in 2023, 100 Thieves will lay off more staff members, including its Chief Revenue Officer. 100 Thieves is a well-known gaming, esports, and lifestyle business. Despite the fact that 100 Thieves only recently cut rid of a sizable portion of its social media and content teams in the middle of last year, 2023 is continuing the dismal trend for the company with additional departures.

Lot of layoffs happening today over at 100 Thieves, lot of talented individuals looking for work.

Continues to happen a lot to Orgs, wishing them the best.
— Jake Lucky (@JakeSucky) January 10, 2023

100 Thieves lays off multiple key employees in another round of layoffs

On January 10, several employees—mostly from the editing and VFX departments—took to Twitter to announce their last day of employment with 100 Thieves.

Matty Lee, the company’s chief revenue officer, who had been one of the team’s original figureheads since 2018, was also among those affected. Lee said on LinkedIn immediately after the news surfaced, “This closes off the most intense period of personal and professional progress of my whole life.” Despite the challenging circumstances, he is still “bullish” on the business as a whole and expressed his deep gratitude to those who are continuing to create 100 Thieves.

“My cup overflows today and I can’t say enough great things about the last 4.5 years, the lifelong friendships, and all that other mushy stuff.” Posted on a LinkedIn post by the person.

Others, meanwhile, expressed their dismay at the sudden layoffs on Twitter. Senior Account Manager Jess Pak described her feelings as “overwhelmingly sad.” “I’m hoping to make a career transition into creative marketing,” the author writes, “but I’m also heartbroken, terrified, and uncertain.”

Unfortunately, on the day the video went live, the editor in charge of 100 Thieves’ 2023 jersey reveal promotion was also among those fired by the company. “Today was my last day at 100 Thieves, but not before producing and editing this piece,” he said on Twitter. “Open to whatever the future holds for me.”