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Cryptocurrency News Articles

FaZe Clan Revamps Roster, Lays Off 15 Employees Amid Rebranding

Apr 28, 2024 at 04:46 pm

FaZe Clan, a prominent esports organization, has announced significant changes to its lineup as part of a rebranding effort led by its new CEO, Richard "Banks." Banks has laid off 15 employees since December 2023 in a bid to "reboot" the organization, resulting in a revised roster that includes FaZe members Adapt, Apex, Banks, Jev, Kaysan, Nickmercs, Replays, Ronaldo, Rug, Scope, Swagg, Temperrr, YourRage, and Zooma. The departures of long-time veterans Blaze and Sway have sparked mixed reactions, with some former members expressing gratitude and others voicing dissatisfaction.

FaZe Clan has made some major changes to their lineup as part of rebranding efforts by one of the organization's founders, Richard "Banks." Richard recently became the CEO of the company and is supported by other founding members, such as Tommy "Temperrr" and Yousef "Apex". As a part of his efforts to "reboot" the organization, Banks has fired 15 individuals since December 2023.

This was mentioned in a recent cryptic video uploaded by the clan as part of a post on X. The video also included a list of members who remain with the organization post the major structural changes. The list includes:

  • Adapt
  • Apex
  • Banks
  • Jev
  • Kaysan
  • Nickmercs
  • Replays
  • Ronaldo
  • Rug
  • Scope
  • Swagg
  • Temperrr
  • YourRage
  • Zooma

FaZe Clan's new roster revealed amid new layoffs

Apart from the list released as part of the video, Banks took to his X handle to announce the remaining members within the organization following the massive layoffs.

Another list was shared for a split second within the video, showcasing the members who have been let go since layoffs began in December 2023. This also included long-time veterans, such as Blaze and Sway, who have since responded to Banks' move.

These changes were executed by Richard after he became the organization's CEO following the acquisition of the clan by the gaming organization GameSquare. FaZe Clan now functions as an independent, wholly-owned arm of GameSquare, with Banks, who is one of the original founding members, making executive decisions for the organization.

Although most former members, such as Blaze, reacted to the news relatively positively and expressed their gratitude towards Banks, others like Kalei seemed dissatisfied with the change.

Breaking down in tears while discussing the subject, Kalei stated that she got "kicked" out of the organization despite being the only creator to attain "millions of impressions" from audiences. She expressed her discontent with how the situation had been "handled".

Banks has since responded to Kalei's statements, citing the reason behind her release. He stated that she had been recruited as part of the clan during the "darkest era" of FaZe, not allowing for a "genuine relationship" to develop. He added that her removal was an effort by the clan to "wipe their slate clean."


Besides calling it a "reboot" in an X post, Banks also compared the contrasting difference between how Blaze reacted to the change and the negative reactions by some other creators, calling the latter "random little clout chasing rats."

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