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Benzinga
Benzinga
Business
Paula Tudoran

Seattle Gaming Startup Rec Room Cuts Half Its Workforce As Unicorn Dreams Fade Despite $3.5 Billion Valuation In 2021

Cameron Brown Seattle GeekWire
Sacks counters layoffs

Gaming startup Rec Room, known for its cross-platform social app where players can build and share games and experiences, announced a sweeping personnel reduction. 

Co-founders Nick Fajt and Cameron Brown announced on Aug. 25 that the company cut roughly half its team that day, calling the decision "one of the toughest choices in Rec Room history."

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