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The distressed chain of stores GameStop has laid off more than a hundred employees today, both at its head office located in Grapevine, Texas, and in other offices, including its subsidiary. Game Informer Minnesota magazine, where nearly half of the editorial staff lost their jobs unexpectedly.
"As part of the previously announced GameStop Reboot initiative, aimed at transforming our business and improving our financial performance, we can confirm that a downsizing has been implemented, affecting more than 120 positions in the workforce. company, representing approximately 14% of our total associates. headquarters and in other offices, "said a spokesman for GameStop Kotaku in a report.
"While these changes are difficult, they were needed to reduce costs and better align the organization with our efforts to optimize business to meet our goals and future success factors. We recognize that this is a difficult day for our company and especially for the affected associates. We appreciate their dedication and service to GameStop and we are committed to supporting them during this transition period. "
This news comes just weeks after GameStop fired dozens of regional directors, after a brutal year during which the company tried (and then stopped trying) to sell itself. GameStop's stock has fallen sharply in recent years, as the retailer continues to struggle to stay afloat in a world where digital distribution has grown to dominate the game.
The dismissals of the blind staff to Game Informer aujourd & # 39; hui. Seven of the editors of the popular magazine announced on Twitter this afternoon that they had been punish, including the one who said he was on vacation. (By Game InformerThe magazine has 19 full-time editors.
"I'm trying to do things right with my people," Andy McNamara Editor-in-Chief wrote on Twitter. "J & # 39; Love Game Informer, its people and its readers more than any business, and I will deal with any problems as soon as I can, but for now, I have to focus on my GI family. "
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