Daily fantasy sports (DFS) operator FanDuel has significantly reduced the headcount in its Florida office as it looks to cut investment in new content to focus on its core offering.
A total of 55 staff will lose their jobs as a result, with its Florida base being used to build out the customer service operations, a FanDuel spokesperson said. The company will continue hiring for select roles throughout the company.
The layoffs mark a swift shift in [...]