Kevin Hart has reportedly sold his name and a stake of his Hartbeat empire to Authentic Brands Group, concerning some of the comedian’s employees who are now anticipating a significant company downsizing.

According to Bloomberg , in the last year, Hartbeat has frequently laid off executive members after being developed in 2022. The company, which was once valued at $650 million, has allegedly relied on the leadership of president and Chief Distribution Officer Jeff Clanagan and CFO Eric Stoneburner to oversee operations while Hart has subsided his involvement.…