Exclusive: Community Gaming Lays Off 17 Employees

Community Gaming, a New York-based esports tournament and questing platform, implemented a workforce reduction of approximately 17 employees in April 2023. The layoffs affected staff members located in North America and Turkey. While the specific reasons behind the personnel cuts remain undisclosed, the company continues to operate as a developer of payment infrastructure and community engagement tools tailored for the Web3, cryptocurrency, and blockchain gaming sectors.

The company has historically maintained a significant financial profile, having secured $18.5 million in funding across four rounds since 2019. Its investor base includes notable firms such as BITKRAFT Ventures, Binance Labs, Animoca Brands, and Griffin Gaming Partners. Although LinkedIn data previously estimated the company’s global headcount at approximately 112 employees, such figures are subject to reporting delays and may not accurately reflect the organization's total staff count at the time of the layoffs.

The leadership at Community Gaming, headed by CEO Chris Gonsalves, maintains broader ties within the competitive gaming industry, including involvement in the 3XP Gaming Expo and investment in the esports organization Evil Geniuses. This event highlights the ongoing volatility within the esports business sector during the spring of 2023, as companies navigated shifting market conditions and the evolving landscape of Web3-integrated gaming platforms.