ONE Championship, based in Singapore, has announced the layoff of 'a few dozen employees' as part of its strategy to achieve profitability. With offices across Asia and in cities like Los Angeles and London, the company has between 201 to 500 staff members.
A spokesperson explained that this tough decision aligns with their commitment to streamline operations for long-term sustainability and growth. Despite being on the brink of profitability due to record revenues, CEO Chatri Sityodtong acknowledged that the challenging global economic climate and pressures from capital markets necessitated these job cuts
