Australian org ORDER lays off at least a dozen employees

Australian esports organization ORDER has laid off at least a dozen of its employees.

The layoffs: ORDER is a prominent Oceanic org but it's evidently refocusing its efforts.

• Employees were told in a remote meeting on June 30 that there were going to be layoffs, according to a report by James Fudge on July 7.
• Several ORDER employees tweeted about the decision earlier this week and Fudge's report states that at least 12 staff members have been affected.
• The reasoning behind the dismissals is yet to be revealed at the time of publication. Disorder Media House, a Melbourne-based "media house," owns and operates the esports team.

The landscape: It's not easy being an esports organization.

• With esports organizations becoming publicly listed companies, the financial state of the industry has become increasingly clear over the past couple of years.
• Notably, every public company in esports lost millions of dollars in 2021. Taking into account the current economic situation on a wider scale, it wouldn't be a surprise if companies have to streamline their operations to stay afloat.
• A recent example of this can be seen with Guild Esports, a British organization co-owned by David Beckham. Alongside announcing a loss of $6.1M (£5M GBP) for the six-month period ending March 31, it revealed that it has gone from 45 employees as of March 31 to 30 employees as of June 30.