Better Collective layoffs continue as LatAm staff take the hit
05 AUG 2026
The affiliate has announced another round of job cuts, mainly affecting staff in Brazil, Argentina and Chile, iGBA can reveal.
The latest restructuring was announced on 29 July. While the exact number affected is unclear, a source told iGBA that the digital sports media group was “letting go of a ton of people”.
Futbol Sites, acquired by Better Collective in early 2024 as part of the €176m Playmaker Capital transaction and consisting of over 20 LatAm-facing sports websites and brands, has been “the hardest hit”, according to the anonymous source.
The affiliate’s activity level in Brazil has been constrained by the country’s regulatory changes since January 2025, including a welcome bonus ban and re-registration requirement for all players previously sent to operators by affiliates. In its Q1 2026 update, it said the combination of the UK’s tax rise and underperformance in Brazil would negatively impact its full-year EBITDA by around €8 million.
iGBA also understands that a team in Colombia was laid off in 2025 following BC’s broad layoffs in Q3 2024 that affected over 300 employees or around 15% of the global workforce.
Better Collective CEO for South America Simon Hovmand-Stilling told iGBA that: “As previously communicated, we continuously review our organisation to ensure Better Collective remains competitive and well positioned for the future.
“The changes are part of our broader strategy to simplify workflows, leverage technology, AI and automation to improve efficiency, and align our organisation with our long-term priorities.”
Better Collective will report its Q2 2026 results on 20 August 2026.
