Sep 10, 2014 Macworld Layoffs. Jason Snell: I’ve been working continuously in what is now called “tech journalism” for 20 years, 8 months, and 7 days. In January 1994 I started at MacUser magazine while I still had a semester of grad school left to go. I haven’t had a day where I wasn’t either a full-time student or a full-time employee of a.

• Aug 21, 2019  Big Layoffs at Game Informer (Imran Khan, Suriel Vazquez, Kyle Hilliard, Javy Gwaltney, Jeff Marchiafava, Elise Favis confirmed so far). Statement from Andy McNamara, Editor in Chief. As part of the previously announced GameStop Reboot initiative to transform our business for the future and improve our financial performance, we can.
• Aug 20, 2019  GameStop layoffs affect over 120 corporate employees, or 14% of the entirety of the staff. Over 120 employees were recently laid off from GameStop as well as seven members of Game Informer.

Major video game retailer GameStop has announced layoffs for 120 corporate staffers, representing a 14% reduction of the company's 'total associate base at our company headquarters as well as at some other offices.'

“While these changes are difficult, they were necessary to reduce costs and better align the organization with our efforts to optimize the business to meet our future objectives and success factors,' GameStop said in a statement. 'We recognize that this is a difficult day for our company and particularly for those associates impacted. We appreciate their dedication and service to GameStop and are committed to supporting them during this time of transition.”

It's unclear if that number includes staffers at GameStop-owned Game Informer magazine, many of whom took to Twittertoday to share news of their unexpected layoffs. Of the 19 staffers listed on the magazine's masthead at least six were let go today, including Managing Editor Matt Bertz.

'I appreciate all the love,' Game Informer Editor-in-Chief Andy McNamara tweeted today. 'I see it. I feel it. I am trying to get things right with my people. I love Game Informer, its people, and its readers more than any corporation could, and I will address all the issues when I can, but for now I need to focus on my GI family.'

Can the sinking ship be raised?

The layoffs continue a string of bleak news for GameStop, which still maintains well over 5,000 storefronts across 14 countries. After the company announced it had failed to find a buyer in January, it posted a massive quarterly loss in April, causing its stock to plummet to its lowest point since 2005. Since then, GameStop saw its CFO and COO depart, instituted layoffs of 50 'field leaders,' and shuttered its ThinkGeek collectibles subsidiary.

Andy Mac Announces Game Informer Layoffs 2018

As of this writing, GameStop stock is trading at $3.42. That's down 17% from a month ago, nearly 80% from a year ago, and almost 94% from its peak in late 2013.

In June, new GameStop CEO George Sherman outlined a three-point 'Reboot' plan to turn things around at the struggling retailer. Point one in that plan was addressing 'selling, general, and administrative expenses,' which seems to be the target of these recent layoffs. The other two points involved 'optimiz[ing] the current business,' in part through better prices on used games; and 'develop[ing] new revenue streams for the future,' including more involvement in digital sales and 'immersive interactive experiences,' whatever that means.

Andy Mac Announces Game Informer Layoffs 2018

Those kinds of changes might not be enough to save GameStop from the seemingly inexorable move toward downloads and Internet streams that claimed other physical media retailers like Suncoast and Tower Records. In any case, we'd imagine the GameStop belt-tightening is going to get even more drastic before any potential turnaround starts to appear.

Game Informer has been a staple in gaming since 1991 which makes the news that the popular magazine has undergone massive layoffs shocking and disheartening for many. The news stems from a recent stint of GameStop layoffs that has effected an undisclosed amount of employees on a corporate level.

The world was first informed of this shocking announcement when senior editor Imran Khan took to Twitter to reveal that he was no longer with the company. More and more employees followed suit, including Game Informer's Editor in Chief Andy McNamara:

I appreciate all the love. I see it. I feel it. I am trying to get things right with my people. I love Game Informer, its people and its readers more than any corporation could, and I will address all the issues when I can, but for now I need to focus on my GI family.

— Andy McNamara (@GI_AndyMc) August 20, 2019

As for GameStop, the number of employees released wasn't exposed when news went live but an inside source close to Prima revealed that it was a significant loss and that many of the positions with promise of promotion have been eliminated entirely. He described the atmosphere as 'bleak and confusing, suddenly I don't know where we stand anymore.'

Games on mac list. Following the massive reports of layoffs, a representative of GameStop gave a little insight into the areas affected in the name of renovation.

Another source at the company reached out to our sister site, GameDaily: 'As part of the previously announced GameStop Reboot initiative to transform our business for the future and improve our financial performance, we can confirm a workforce reduction was implemented impacting more than 120 corporate staff positions, representing approximately 14% of our total associate base at our company headquarters as well as at some other offices. While these changes are difficult, they were necessary to reduce costs and better align the organization with our efforts to optimize the business to meet our future objectives and success factors. We recognize that this is a difficult day for our company and particularly for those associates impacted. We appreciate their dedication and service to GameStop and are committed to supporting them during this time of transition.'

With GameStop making several radical changes over the past year in order to regain its physical presence, the people that make up the brand continue to suffer. If a total metamorphosis doesn't occur quickly, it could even be possible that we may not see GameStop around for the next generation of gaming as a retailer.

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About the author

With an arguably unhealthy obsession with Dragon Age and Mass Effect, Liana is wildly passionate about all things in the gaming community. From shooters, to RPGs, if it's out - she's playing it.A medically retired US Sailor and now full-time hoarder of gaming collectibles, Liana's passion for everything in the gaming industry is palpable. Also, if you lose her in a crowd, just casually mention any BioWare game and the crazy pterodactyl screech will without a doubt follow.You can follow her on Twitter @DirtyEffinHippy or email her for editorial inquiries at liana.ruppert@primagames.com!