Texas Based GameStop Planning Job Cuts
GameStop announced the firing of CEO and a round of employee cuts.Max Fray/Unsplash. GameStop Corporation has fired Chief Financial Officer Mike Recupero, leading to shares tumbling 9% in extended trading as reports are surfacing of planned job cuts. According to Dallas News, GameStop's chief accounting officer Diana Jajeh will replace Recupero. The struggling retailer is making a round of cuts that will be felt across the company.
GameStop is expected to launch an ETH marketplace later this year
GameStop is launching an NFT marketplace and over $100 million investment pool for NFT creators. A North American retail business is partnering with an Australian startup firm called Immutable.
Activision Blizzard, GameStop, Electronic Arts, and the State of Video Game Companies in 2022
This article is free of opinion and bias, and is based solely on accredited media reports and gaming organizations. Sources for this article include Microsoft.com, Sara Ashley O'Brien for CNN Business, Zackari Greif for GameRant.com, Jennifer Korn for CNN, Jason Schreier for Bloomberg.com, Shannon Liao for The Washington Post, Game Developers Conference 2022, VOANews.com, Oscar Gonzalez and David Priest for CNET.com,and Ben Gilbert for Business Insider.
GameStop looking to expand business by hiring NFT creators
While GameStop has yet to officially announce what their plans are, a mysterious website owned by GameStop has been updated with a request for ”creators” to help build their NFT marketplace.