DraftKings

DraftKings on 2026-02-24.

Sports-betting giant DraftKings is laying off 140 employees, representing approximately 3.5% of its total workforce, as part of a broader reorganization aimed at improving operational efficiency. The company, which operates in the online gambling and sports betting industry, is shifting its investment focus from business-to-business initiatives toward mobile development. The job cuts, announced in early February 2023, primarily affect roles in the Europe, Middle East, and Africa segment, as well as engineering and talent acquisition teams in the U.S. and internationally. This move comes as DraftKings prepares to report its quarterly results and follows a recent marketing partnership announcement with Molson Coors.