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DraftKings Employment Cuts

February 7, 2023 2

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DraftKings Employment Cuts

140 employees at DraftKings have been let go. The US operator acknowledged that the roles had been “eliminated” as a result of an internal restructuring meant to maintain compensation costs constant year over year.

Ukrainian-based employees of DraftKings were affected by the layoffs, which mostly affected the company’s Eastern European commercial hubs.

The operator is eager to concentrate on operational effectiveness as investors watch the potential for profitability of top US sports betting operators with growing attention.

According to Sabrina Macias, VP of global communications at DraftKings, “with a greater focus on operational savings, we are regularly evaluating our teams to ensure that they are best positioned to accomplish our company goals in 2023 and beyond.”

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