GameStop lays off 120, 14% of total employees

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Layoffs contain a number of Game Informer employees as organization appears to minimize expenses, optimize enterprise

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In addition to the layoffs of “many” staff at Game Informer reported on this morning, it appears GameStop has eliminated a total of 120 positions across its headquarters, various offices, and the publication.

Forbes reports that this represents approximately 14% of the company’s total workforce removed in a move GameStop says is to “reduce costs and better align the organization with our efforts to optimize the business to meet our future objectives and success factors.”

Though details are murky about how much of Game Informer was affected, writers Elise Favis, Kyle Hilliard, Imran Khan, Jeff Marchiafava, Suriel Vazquez, Matthew Bertz, and Javy Gwaltney have confirmed on social media platforms that their positions were eliminated today. On Twitter, functions editor Kimberley Wallace mentioned she “lost half of my loved ones now.” Prior to now, Game Informer employed 19 on its masthead.

This is the most up-to-date in a additional than yearlong series of struggles at GameStop, which has noticed floundering financials, a failed sale, the shutdown and assumption of the ThinkGeek brand, a strategy to revamp physical shops, and which just one more round of layoffs affecting more than 50 earlier this month.

GamesIndustry.biz has reached out to each GameStop and Game Informer for comment.

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