Current Events > GameStop just laid off 1/3 of its regional and district management team.

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CRON
07/31/19 5:11:25 PM
#1:


https://twitter.com/ModernVintageG/status/1156658352874827776

"We have important news to share with you today concerning the redesign of our Field Leadership team. As part of our continued GameStop Reboot transformation initiative, a dedicated team, including the Retail Vice Presidents, HR, LP and the U.S. Store Operations leadership team, have been working diligently to realign our current field regions and districts in an effort to reduce our cost structure and build efficiencies into our field leadership organization so that we can reinvest in the business.

Unfortunately, with these changes, there are more than 50 field leaders who have been impacted and will be leaving the GameStop team. This includes regional, district, HR, and LP leaders. These leaders will be missed and we wish them success in their future endeavors.

These decisions are not easy, but necessary to help us reduce costs to enable investment in revenue-driving initiatives that will help grow the business once again.

There is more work to be done to streamline the number of tasks for our field leaders and provide tools to support their daily activities. This work has already begun and will continue moving forward."

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iPhone_7
07/31/19 5:12:27 PM
#2:


Okay
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CADE FOSTER
07/31/19 5:13:27 PM
#3:


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__aCEr__
07/31/19 5:15:35 PM
#4:


I wonder if Gamestop is even going to make it to the next generation of consoles.
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Drasilor
07/31/19 5:16:20 PM
#5:


People still go there?
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#mypresidentistrump
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CADE FOSTER
07/31/19 5:16:41 PM
#6:


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Master_Bass
07/31/19 5:16:53 PM
#7:


Meanwhile there's some post over in r/investing that tries to claim Gamestop stock is a good investment. Lol.
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