GameStop Shutters Large Number of US Stores with Usual Tact

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As a devoted fan, I find myself echoing the past once more as GameStop stores continue to close their doors across the U.S., leaving me with a sense of déjà vu. The buzz in the GameStop subreddit has been filled with whispers of unofficial layoffs, and it seems like there’s a new one every hour. The company remains silent on the matter, leaving us all with a familiar feeling that we’re back in 2021. Cryptocurrency scavengers are already circling, waiting for their next prey – the struggling retail giant.

According to PSLS, it appears that full-time workers at GameStop (managers and assistant managers) are given the option of severance or transfer, whereas entry-level staff are only offered transfers. The vast majority of GameStop employees consist of Store Managers, Assistant Store Managers, and Game Advisors.

Last year, the company brought an end to Game Informer’s long-standing legacy with a similar subtlety, even erasing the outlet’s farewell message soon after it was published, as reported by Mashable. Struggling in recent times, GameStop has shuttered approximately 700 stores since 2020. Unsatisfied with this reduction, they closed an additional 300 in December of 2024.

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For meme stock icon Roaring Kitty, this situation doesn’t seem problematic. He recently shared a video clip of Dave Chappelle portraying Rick James, hinting at something to come. Known as Keith Gill, he gained (either fame or notoriety) during the massive GameStop short squeeze in 2021.

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2025-01-07 09:06