Red Elves don't form large companies but work in small war parties of up to six individuals. The skills of a war party are generally mixed, stealth, main force and supernatural means are all employed in battle. They will work independently or as part of a larger force and accept contracts from just about anyone for just about any task, although they do not act as assassins.
The decadent Grey Elves look on their Red cousins as bloodthirsty, harsh and all together too serious. Of course the viewpoint of the Reds is that the Grey Elves are itinerant, drug addicted wasters with no sense of purpose or their place in the world.
On a slightly different note, the Grim North has it's first players. Exciting times.