GameStop to lay off employees; CFO leaves – Axios
2022.07.08 00:01
FILE PHOTO: A person walks past a GameStop store in the Manhattan borough of New York City, New York, U.S., January 29, 2021. REUTERS/Carlo Allegri
(Reuters) -GameStop Corp is laying off employees and Chief Financial Officer Mike Recupero has left the video game retailer, Axios reported on Thursday, citing a company memo.
The company’s shares fell about 8% in extended trading.
GameStop (NYSE:GME) did not immediately respond to a Reuters request for comment.
Recupero will be replaced by Chief Accounting Officer Diana Jajeh, an Axios reporter said on Twitter (NYSE:TWTR). (https://
Shares of the company had closed up 15% after it said on Wednesday that the board had approved a four-for-one stock split.
GameStop has been looking to bolster its online sales as shopping trends toward e-commerce accelerated during the pandemic.
