Published
Wed, Aug 2, 2023, 08:00
- The majority of the creative and marketing teams were let go, a source confirmed.
UK-based ticketing platform DICE laid off at least 30 members of staff during a recent round of redundancies.
Confirmed to Resident Advisor by a source close to the company, the creative team was the most heavily affected, with everyone but the creative director losing their job. The majority of the marketing team were also let go. Instead, management said the company will work with more freelancers.
"We recently made the difficult decision to restructure parts of our business to ensure we can focus on our most important initiatives," a spokesperson told Tech.eu. "This isn't an exercise we carry out lightly and we're sad that we have to say goodbye to colleagues that we love working with and respect enormously."
According to an anonymous review on Glassdoor, published on July 20th, the layoffs were framed as "company restructuring" and were the third round of redundancies at DICE in recent months.
In 2021, DICE secured $122 million in venture capital investment from the likes of SoftBank's Vision Fund 2 and Future Shape, the company run by former Apple executive Tony Fadell. Shortly after, the company acquired Boiler Room for an undisclosed sum.
Update, August 2nd: This piece has been updated with a quote from a DICE spokesperson.