GameStop has laid off employees and sacked its CFO

In a memo to employees, GameStop CEO Matt Furlong announced the round of layoffs. Furlong writes in the message, “we’re making a number of reductions to assist us to keep things simple and operate nimbly with the necessary talent in place.” It’s unknown how many workers are affected or which divisions are affected. According to reports, the layoffs “appear” to be concentrated at the company’s headquarters in Grapevine, Texas.