Esports organization Team SoloMid (TSM) has once again announced a round of layoffs, leaving fans and former employees surprised and unsettled. The extent of the layoffs and the departments affected have not been disclosed at this time. TSM has previously undergone layoffs in 2022, with over twenty employees being let go in one instance.
TSM’s Turbulent Journey
TSM, known for its presence in the North American League of Legends Championship Series, made headlines when it revealed its decision to leave the league. This departure marked the end of a decade-long era for the organization. Additionally, TSM faced setbacks in other games, such as Rainbow Six: Siege, where they relinquished their spot and released their players just a year after winning the Six Invitational.
Uncertain Future for TSM
The controversies surrounding TSM have left a bitter taste in the mouths of fans and industry experts alike. The team’s management changes and hasty exits from various esports scenes have raised concerns about its future success. Furthermore, TSM is reportedly putting some of its esports efforts on hold, adding to the uncertainty surrounding the organization.
Fallout with Naming Rights Sponsor
Following a fallout with its naming rights sponsor, FTX, TSM released a statement emphasizing its stability and profitability. However, the recent layoffs indicate that not all employees are experiencing the promised “great year in 2023.” Despite the challenges, TSM remains optimistic about its financial outlook.
Looking Ahead
As TSM navigates through these turbulent times, only time will tell if the organization can regain its former glory. The controversies and setbacks have undoubtedly impacted its reputation, but TSM remains determined to overcome these obstacles and continue its journey in the esports industry.
Table: TSM Layoffs
| Date | Number of Employees Laid Off |
|————|—————————–|
| July 2022 | Twenty-plus |
| November 2022 | Twenty-plus |
| October 2023 | Unknown |
Source: DOTESPORTS
