GameStop CFO Exits as Company Announces Layoffs

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Image: GameStop

GameStop CEO Matt Furlong has sent an internal memo to employees detailing many changes as the company strives for profitability. Layoffs have been announced, including its CFO and Game Informer employees. GameStop is now focusing on its cryptocurrency division and investing in store leaders and field employees. One location recently saw a group of employees quitting due to being overworked and lack of respect from management, a signal to higher-ups that improvements are necessary. Mike Recupero will be replaced as CFO by chief accounting officer Diana Jajeh.

“Everyone in the organization must become even more hands-on and embrace a heightened level of accountability for results,” Furlong wrote in the memo.

Source: Axios

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Peter Brosdahl
As a child of the 70’s I was part of the many who became enthralled by the video arcade invasion of the 1980’s. Saving money from various odd jobs I purchased my first computer from a friend of my dad, a used Atari 400, around 1982. Eventually it would end up being a lifelong passion of upgrading and modifying equipment that, of course, led into a career in IT support.

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