GameStop is laying off staff and has fired its CFO
by Jay Peters from The Verge - All Posts on (#616AB)
Photo by Sean Hollister / The Verge GameStop has been on a wild ride ever since it reached meme stock status, and the company has recently been dabbling in Web3 technologies like NFTs and crypto. More recently, it's also been laying off employees without much explanation. On Thursday, GameStop internally announced an unspecified number of layoffs - reportedly including some from the popular publication Game Informer - and publicly revealed that it has fired its CFO with a terse press release.
GameStop CEO Matt Furlong announced the round of layoffs to staff in a memo obtained by CNBC and Kotaku. It's completely unclear how many people are affected or in which divisions, though Furlong writes in the memo that we're making a number of reductions to help us keep things...