More than 50 regional leaders have been put away from GameStop

The chain of GameStop video game stores reportedly laid off more than 50 regional executives with the goal of restructuring its organization after the failure of the company's sale. An email from GameStop headquarters sent to store managers Twitter this apparently confirmed the layoffs. Layoffs have affected more than 50 regional district chiefs, human resources officers and district loss prevention officers.

The email indicates that the layoffs result from a new "realignment" strategy. "This realignment has the effect of increasing the size of GameStop's regions and districts, reducing the number of field managers needed to run the organization," says GameStop's e-mail.

"Unfortunately, with these changes, more than 50 field leaders have been affected and will leave the GameStop team. This includes regional, district, human resource and leadership leaders. These leaders will be missed and we wish them much success in their future endeavors. "

In January, GameStop executives stopped trying to find a buyer for the company. The company also recorded losses of nearly half a billion dollars last year. The retailer relies heavily on sales of physical video games, but as the latest financial reports indicate, digital game sales outpace the physical sales of companies like PlayStation and EA.

GameStop's decision to fire regional leaders and consolidate regions into larger areas appears to be a cost-cutting measure. The company is also dedicating its stores to "unique experiences" focused on live events and retro games.

IGN has contacted GameStop for more details on the reported layoffs, but has not heard from it since this article was published.

Matt Kim is a journalist for IGN. If you have been affected by the layoffs at GameStop, please contact Twitter or [email protected].