Vulcun lays off 25% of staff as part of company ‘transition’

Daily fantasy eSports operator Vulcun has laid off a quarter of its total workforce as part of its “transition” plans.

The Verge reported that the company had let go 14 people from its 55-member staff, or about 25 percent of the total number of Vulcun’s people.

In an email to The Verge, Vulcun co-founder Ali Moiz said the layoffs were part of a “painful but necessary process” as the company transitions to a different direction.

“We are actively helping these people look for new jobs,” Moiz told the news outlet.