Gaming platform and esports league Mobile Premier League is going to lay off 10% of employees
This was reported by the Tech in Asia portal, which got acquainted with the letter for the company’s employees. According to his calculations, about 100 people will fall under the reduction.
In the letter, the company announced that it was closing the Mobile Premier League division in Indonesia, as it brings in many times less money than the Indian and American branches. She promises to pay severance payments and provide extended health insurance to the dismissed by the end of the year.
Mobile Premier League was launched in 2018. Three years later, it became one of the first gaming unicorns registered in India after it received $150 million from investors at a valuation of $2.3 billion.
