Unfortunate news for the people over at Funny Or Die; it has been revealed that the company has let up to 37 people go while closing one of it’s main offices in Silicon Valley. The news comes to a surprise for many as F.O.D. has been at the forefront of today’s comedy entertainment online. VARIETY who first broke the news ended up discovering that the big cut was Funny Or Die’s move to return to some of it’s earlier content.
Funny or Die has slashed 30% of its work force and shut down its office in San Mateo, Calif., the company announced Tuesday. Thirty-seven employees across various divisions of the comedy brand were pink-slipped, leaving the company with 95 employees, according to a rep, who provided a statement to Variety: “While Funny or Die has grown as a company over the last several years, we’ve remained committed to creating premium comedy. As we move into the future, we’ve decided to double-down and re-focus on making the kind of content that made us a household name in the first place. To accomplish that, we’ve had to reorganize and reduce our staff. This isn’t an easy process for any of us. As necessary as these steps may be, we value every single one of the contributors we’ve had to part ways with. They’ve been integral in making us the company we are today, and we thank them for their dedication and friendship.”