Seattle-based startup Rec Room, once valued at $3.5 billion, is laying off about half of its staff in a sweeping restructuring. Co-founders Cameron Brown and Nick Fajt announced the layoffs Monday in ...

Investor enthusiasm culminated in December 2021, when the company raised $145 million at a $3.5 billion valuation. This ...

Nick Fajt, co-founder and CEO of Rec Room, in Seattle in 2017. (GeekWire File Photo / Kurt Schlosser) A major round of ...

Seattle-based startup Rec Room, once valued at $3.5 billion, is laying off about half of its staff in a sweeping ...