Technology

FaZe Clan Initiates Reboot with Additional Layoffs and Updates to Esports Teams

FaZe Clan is in reboot mode and is making significant changes, which sadly include another round of layoffs following its acquisition by GameSquare. FaZe Clan and its esports teams are undergoing a transformation, and in a stark, command line terminal-themed video, they disclosed the lists of all members being retained and cut by the organization.

FaZe Clan has faced multiple challenges recently, including numerous layoffs, departures from the VALORANT and Rocket League esports scenes, and declining stock prices. Since being taken over by new ownership, these recent moves are seen as attempts to rectify the situation and turn things around.

FaZe Clan – Who made the cut?

Two videos were posted on X, detailing the technical aspects and featuring two lists of names. The first video showed the members selected to remain with the organization, while the second, which could only be viewed briefly, contained the names of those affected by the layoffs. The restructuring resulted in 20% of the employees receiving pink slips.

Today’s announcement reveals that only 14 members remain in FaZe Clan:

  • Adapt
  • Apex
  • Banks
  • Jev
  • Kaysan
  • Nickmercs
  • Replays
  • Stable Ronaldo
  • Rug
  • Scope
  • Swagg
  • Temperrr
  • YourRAGE
  • ZooMaa

Listed below are the 16 individuals affected by the FaZe Clan layoffs:

  • Agony
  • Blaze
  • Booya
  • CBass
  • Cizzorz
  • Faculty
  • Flea
  • H1ghSky1
  • JSmooth
  • Kalei
  • Nate Hill
  • Nio
  • Proze
  • Santana
  • Sway
  • Testy

In another tweet, FaZe Esports laid out the roadmap for the future and the group’s plan for competitive operations. The company also revealed that the esports division will field 12 teams across the following titles:

  • Apex Legends
  • Call of Duty
  • Counter-Strike
  • ESL R1
  • FIFA Online 4
  • Fortnite
  • Halo
  • PUBG
  • PUBG Mobile
  • Rainbow Six Siege
  • Super Smash Bros. Ultimate
  • TEKKEN

The list does not include VALORANT and Rocket League, indicating that FaZe does not intend to return to either game in the near future.

FaZe went public with a $725 million valuation last year, and in May 2023, laid off 40% of its staff following a long period of uncertainty about the future sustainability of the esports industry. Earlier, in February, the company also laid off 20% of its staff.

Also Read: LightFury Games secures $8.5 million funding to develop premium games in India

Manoj Nair

Manoj Nair: With a decade of news writing across various media platforms, Manoj is a seasoned professional. His dual role as an English teacher underscores his command over communication. He adeptly covers Politics, Technology, Crypto, and more, reflecting a broad and insightful perspective that engages and informs diverse audiences.

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