DraftKings cuts 140 jobs as part of reorganization
Publishing timestamp: 2023-02-01 12:56:04
Summary
DraftKings is cutting 140 jobs, or about 3.5% of its workforce, as part of a reorganization. The company is shifting investment from business-to-business into mobile developments and roles are being eliminated in U.S and internationally. Earlier this week, DraftKings and Molson Coors announced a partnership related to their Super Bowl ad.
Sentiment: MIXED
Keywords: gambling, molson coors beverage co, sports, business news, media, draftkings inc,
Source: https://www.cnbc.com/2023/02/01/draftkings-cuts-140-jobs.html