Just Days After a Major $75,000,000 Win, Kanye West Cutting Cost for Yeezy With Hiring Mere $16 Interns?

Published 06/14/2023, 9:30 AM EDT

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Kanye West is cutting costs while making a comeback. The ‘Stronger’ singer who is known for spending luxuriously lost his billionaire status after ending collaborations with Adidas and GAP. That certainly put a restriction on his expenditure habits, if not pausing it completely. Now that he is working on his Yeezy project independently, there will be an input of capital from his side before making profits out of it.

His financial downfall is no secret, but how is he managing to build Yeezy? By cutting costs wherever possible. And he is now hiring interns for his work and paying them $16 an hour.

Why is Kanye West hiring interns for Yeezy?

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Ye was not left with a lot after ending his relations with the fashion brands. According to The US Sun, the rapper has now decided to work on Yeezy independently with the help of his wife Bianca Censori. They have even rented a huge office space on Melrose Avenue in Los Angeles. This is supposedly his headquarters for all Yeezy-related things. He even hired Dov Charney, owner of an apparel company, as the new CEO of the company. But not many of his team members are experienced in the fashion industry.

In fact, he has already fired a few employees and is adding interns to the workforce instead. Advertisements were placed about the $16-an-hour opportunity both on Craigslist and social media. From sample sewing and designing to editing and social media, he is hiring them for unique skill sets. Although there is concern about the future and outcome with much less experienced people managing the brand. A source revealed a circulating joke about how the chef serving food to them all is more experienced.

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Now the cutting may come due to a lack of finances, but he earned a significant amount from his recent hearing with Adidas.

How Ye earned $75 million from his Adidas deal

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Kanye West recently won a long going case against Adidas recently over his frozen accounts after their Yeezy split. The court asked the fashion company to release $75 million to Ye due to a lack of evidence to back their claims.

In addition, the rapper is set to be earning royalties from the leftover Yeezy products that the company is selling now. Yet the Yeezy cost-cutting is definitely happening, and it will be seen what the end results are.

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What do you think of the rapper’s idea of hiring interns? Share your thoughts in the comments.

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Neha Subhash Ghag

1435 articles

Neha Ghag is a prime-time entertainment writer for Netflix Junkie, who has written nearly 1000 articles, immersing herself in pop culture. Writing was not her first choice, but she has now found solace in unraveling the fascinating stories of public figures' personal and professional lives. Neha is a fan of classic hip-hop and psycho thrillers, and she can talk endlessly about Kanye West.

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