North American esports organisation The Guard has seemingly laid off all of its workers in an all-hands assembly yesterday, in line with a report by esports.gg.
A now former worker has confirmed to Esports Insider that these layoffs embrace each worker within the content material, social, artistic, and expertise departments.
The Guard, together with its subsidiaries, is owned by Kroenke Sports activities & Leisure group, a large Denver-based holding firm that owns quite a few different sports activities franchises, together with the Nationwide Soccer League’s (NFL) Los Angeles Rams, the Nationwide Basketball League’s (NBA) Denver Nuggets, and the Premier League’s Arsenal FC.
The current cuts may probably put into query the organisation’s different divisions, together with its professional groups, although there was no affirmation on this as of but. At present, The Guard competes in Apex Legends and VALORANT. The organisation additionally owns the LA Guerrillas and the LA Gladiators, who compete within the Name of Responsibility League (CDL) and the Overwatch League (OWL), respectively.
Whereas it’s an open secret that the esports business is struggling financially, 2023 continues to be an erratic yr for even the largest of organisations. In January, 100 Thieves laid off roughly 30 employees, and in February, FaZe Clan laid off nearly 20% of its workforce. Moreover, North American esports organisation Immortals underwent a wave of layoffs final week that went principally unnoticed.
On the time of launch, neither The Guard nor any of its house owners have made a public assertion on the matter.