The tech industry’s layoffs and hiring freezes: all of the news
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GameStop is reportedly cutting more jobs.
Axios reports GameStop has begun another round of layoffs. The scale of the layoff is unclear, but Axios says the blockchain team was “heavily impacted.” In an email to employees obtained by Kotaku, CEO Matt Furlong said the decision to lay off staff was due in part to high inflation and “weakened consumer confidence.”
The company, which gained a lot of notoriety as a meme stock, laid off staff and fired its CFO in July.
GameStop begins layoff
[Axios]
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