ESL FACEIT Group hit with layoffs: Esports event stalwart cuts hundreds of roles
ESL FACEIT Group (EFG) has announced major layoffs today with upwards of 300 staff forced out across a multitude of roles in a move designed to alleviate pressure on the company and support expansion plans first set back in 2022.
The February layoffs, which accounts for approximately 15 percent of EFG’s global team, have affected operations across multiple departments, according to a Feb. 27 statement from EFG chief executives Craig Levine and Niccolo Maisto. Most of the impacted staff worked out of offices or positions based in Denmark, Dust2.us reported on the same day. The exact number of employees left without a job has not been shared yet.