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Game Informer

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Business & Lifestyle

GameStop fires CFO, announces layoffs

GRAPEVINE, Tex. (UPI) -- Video game retailer GameStop fired its chief financial officer and announced a series of layoffs on Thursday. The company publicly announced that it had terminated the employment of CFO Michael Recupero, with Chief Accounting Officer Diana Saadeh-Jajeh stepping into the role. Saadeh-Jajeh, who served as interim CFO last year, will earn a starting annual salary of $200,000. In addition, she will be eligible for a "transformation bonus" in an aggregate amount of $1,965,000. This is according to […]

July 9, 2022 12

Business & Lifestyle

Over 100 GameStop employees laid off, including Game Informer editorial staff

GRAPEVINE, Tex. (Heartland Newsfeed) -- In a press release Tuesday, GameStop announced the layoff of over a hundred employees as part of an ongoing company initiative. The job cuts, as part of the company's Reboot initiative to reform the company for future longevity and allowed for financial performance improvements, involved multiple divisions within the company from the corporate headquarters in Grapevine, Tex. to Game Informer magazine staffers. A statement to gaming website GameSpot stated that more than 120 staff positions […]

August 20, 2019 12

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