Home Business Splyce and Toronto Defiant Parent Confirms Layoffs Following Ownership Change

Splyce and Toronto Defiant Parent Confirms Layoffs Following Ownership Change

by Andrew Hayward

overactive layoffs

Credit: Splyce/OverActive Media

  • OverActive Media today laid off six employees from its Splyce organization and Toronto Defiant Overwatch League team.
  • The positions were eliminated from the organization’s sales and marketing departments.
  • OverActive Media fully acquired Splyce in November following an initial $1.5M USD investment in June.

OverActive Media’s Database-Link-e1521645463907 Splyce Database-Link-e1521645463907 organization and Toronto Defiant Overwatch League Database-Link-e1521645463907 (OWL) team today laid off six employees, the company has confirmed.

“We want to first and foremost thank our colleagues for all of their contributions and hard work,” said Paulo Senra, vice president of content and communications for OverActive Media, to The Esports Observer. “Unfortunately, we’ve had to make some tough decisions today as our business takes a new direction and continues to grow into one of the leading global esports organizations. We look forward to announcing some additions to our team in the near future.”

Senra added that the restructuring move was “all in the context of greater efficiencies in our sales and marketing function,” and that the organization “[has] a plan for a full-time head count of 44 staff.”

Related Article: OverActive Media CEO on Acquiring Splyce and Seeking Further Franchises

Some now-former employees shared word of their departures on social media today, including marketing director Josh Olin, who tweeted, “A bunch of good people at Splyce and Toronto Defiant lost their jobs today as a consequence of new ownership.”

Under its previous moniker of The Ledger Group, OverActive Media announced plans last April to invest $1.5M in Splyce, ahead of its successful attempt to secure an expansion team franchise spot for the second OWL season. In November, following Splyce’s acceptance in the League of Legends Database-Link-e1521645463907European Championship (LEC), OverActive Media announced that it had fully acquired Splyce with plans to expand its global reach and seek out further franchise league opportunities.

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