FaZe Clan fired 20 percent of its staff despite CEO touting ‘incredible growth’
FaZe Clan has laid off 20 percent of its staff, which CEO Lee Trink insists is due to “uncertainty in the overall economy” and an organizational focus on “financial discipline.”
In a memo sent to staff, Trink said FaZe demonstrated “incredible growth” and that the organization’s revenue in 2022 grew 25 percent year-over-year. He also intimated that he is “optimistic about what’s ahead for [FaZe].”