FaZe Clan guts nearly half of its staff just months after mass layoffs

FaZe Clan is set to lay off 40 percent of its staff just months after a previous round of layoffs earlier this year.

The company announced today it will be reducing its workforce by approximately 40 percent just three months after laying off 20 percent of its staff in February. FaZe confirmed the move on Twitter not long after a report by Digiday revealed the news.