Another round of layoffs is underway at GameStop, according to multiple LinkedIn posts by employees this week.
“Tough day today as we let go a number of wonderful, talented, collaborative folks across product, engineering, marketing, operations…and others,” GameStop Senior Vice President of E-commerce Neda Pacifico said in a LinkedIn post.
Multiple employees with engineer roles announced they were part of the latest round of layoffs, including an iOS engineer who said they worked in the “crypto space,” a software engineer who noted they worked in the GameStop mobile app and a senior software engineer who worked on e-commerce and retail tech infrastructure. Additionally, a senior regional manager of transportation posted about being laid off.
GameStop did not immediately respond to requests for comment regarding the layoffs.
This is not the first round of layoffs the retailer has enacted this year. The company was reportedly preparing for layoffs in July and let go of its chief financial officer at the time.
GameStop’s second-quarter earnings in September showed its net loss widened by over 75% year over year to $108.7 million. During a call with analysts at the time, CEO Matt Furlong commented on rightsizing “corporate expenditures and headcount following a period in which the company had hired more than 600 new individuals.”