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Offloading Gearbox is the latest move by Swedish media giant Embracer Group, which is restructuring after a $2 billion investment deal fell through last summer.
(CTN News) - The videogame retailer GameStop (GME.N), opens new tab announced on Tuesday that it had cut unspecified numbers.................
As of February 3, GameStop had about 8,000 full-time salaried and hourly associates and between 13,000 and 18,000 part-time, hourly associates worldwide. That compares to 11,000 full-time salaried and hourly employees and between 14,000 and 27,000 part-time hourly employees in 2023.
GameStop's fourth-quarter earnings reveal a 19% revenue drop, prompting layoffs amid fierce competition from e-commerce and digital downloads, causing a 19% stock plummet.
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Take-Two Interactive Software shares sank following a report suggesting its "Grand Theft Auto VI" video game could be delayed.