Singapore-based MMA promoter ONE Championship lays off ‘a few dozens’ employees in bid to bring company back in black

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ONE Championship Nouvelles

Mixed Martial Arts MMA

SINGAPORE, Oct 17 — Singapore-based mixed martial arts promotion ONE Championship said Thursday it has laid off “a few dozen employees” as part of plans to make the company...

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ONE, which has offices in several Asian cities plus Los Angeles, New York, London and Milan, has 201 to 500 employees, according to its LinkedIn profile. “This decision was not made lightly and reflects our ongoing commitment to streamlining operations and focusing on long-term sustainability and growth.”ONE chief executive Chatri Sityodtong said in an email to staff that the job cuts were made despite the company being “on the verge of profitability through a combination of record revenues and cost efficiencies”, the Straits Times newspaper reported.

 

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