GameStop Shutters Large Number of US Stores with Usual Tact | Push Square
Doomed to repeat the same cycle, many GameStop stores have been shuttered across the U.S., and the crypto vultures are already circling. Over the past few days, a steady stream of reports of unofficial layoffs have been shared in the GameStop subreddit, with more every hour. The company has yet to make an official statement, and we're left feeling like it's 2021 all over again.
Observed by PSLS, it seems that current full-time employees (GameStop managers and assistant managers) are being offered severance or transfers, while the rank-and-file are just being offered transfers. The majority of GameStop employees are Store Leads, assistant Store Leads, and Game Advisors.
The firm ended Game Informer's iconic run with similar tact last year, even deleting the outlet's official goodbye moments after it was posted. According to Mashable, GameStop has been haemorrhaging in recent years, closing 700 stores since 2020. In December of 2024, it closed another 300, which seemingly wasn't enough.
This doesn't appear to be an issue for meme stock legend <a href=«https://x.com/TheRoaringKitty/status/1874621633777844714?ref_src=» https:>Roaring Kitty
, who posted the below clip of Dave Chappelle as Rick James, seemingly in anticipation. Keith Gill rose to prominence (or infamy) during the great GameStop short squeeze in 2021.
Magazine shuttered after 33 years
How long can GameStop continue to hang on? Are you ready to harden your hands into diamonds once again and grasp meme stock for dear life? Let us know in the comments section below.
Khayl Adam is Push Square's roving Australian correspondent, a reporter tasked with scouring the internet for the richest, most succulent PlayStation stories. With six years of experience as a freelance journalist and mercenary wordsmith, RPGs are his first great love, but strategy and tactics games are a close second, genres in which he is only too happy to specialize.
As the rise of digital games beating physical games continues, it seems its a
Read more on pushsquare.com
