Read from kotaku and yahoo finance on the latest layoffs:
We have important news to share with you today concerning the redesign of our Field Leadership team. As part of our continued GameStop Reboot transformation initiative, a dedicated team, including the Retail Vice Presidents, HR, LP and the U.S. Store Operations leadership team, have been working diligently to realign our current field regions and districts in an effort to reduce our cost structure and build efficiencies into our field leadership organization so that we can reinvest in the business.
This realignment results in an expanded size of GameStop’s regions and districts, therefore reducing the number of field leaders required to run the organization. The realignment also allows for a reset of the GSL reporting structure, enabling these new multi-unit leader’s ownership in their span of control. More details to come on the GSL process.
Unfortunately, with these changes, there are more than 50 field leaders who have been impacted and will be leaving the GameStop team. This includes regional, district, HR, and LP leaders. These leaders will be missed and we wish them success in their future endeavors.
These decisions are not easy, but necessary to help us reduce costs to enable investment in revenue-driving initiatives that will help grow the business once again. There is more work to be done to streamline the number of tasks for our field leaders and provide tools to support their daily activities. This work has already begun and will continue moving forward.
One of the affected employees, who spoke to Kotaku on the condition of anonymity, confirmed the email was real. “It was wide spread. 50-plus DLs [District Leaders], 6 RLs [Regional Leaders], multiple Hr [Human Resources] and Lp [Loss Prevention] staff,” the person said in an email. The individual believed that most of the people targeted in the layoffs were high paid District Leaders, responsible for coordinating several individual stores, as well as under performers.
We have important news to share with you today concerning the redesign of our Field Leadership team. As part of our continued GameStop Reboot transformation initiative, a dedicated team, including the Retail Vice Presidents, HR, LP and the U.S. Store Operations leadership team, have been working diligently to realign our current field regions and districts in an effort to reduce our cost structure and build efficiencies into our field leadership organization so that we can reinvest in the business.
This realignment results in an expanded size of GameStop’s regions and districts, therefore reducing the number of field leaders required to run the organization. The realignment also allows for a reset of the GSL reporting structure, enabling these new multi-unit leader’s ownership in their span of control. More details to come on the GSL process.
Unfortunately, with these changes, there are more than 50 field leaders who have been impacted and will be leaving the GameStop team. This includes regional, district, HR, and LP leaders. These leaders will be missed and we wish them success in their future endeavors.
These decisions are not easy, but necessary to help us reduce costs to enable investment in revenue-driving initiatives that will help grow the business once again. There is more work to be done to streamline the number of tasks for our field leaders and provide tools to support their daily activities. This work has already begun and will continue moving forward.
One of the affected employees, who spoke to Kotaku on the condition of anonymity, confirmed the email was real. “It was wide spread. 50-plus DLs [District Leaders], 6 RLs [Regional Leaders], multiple Hr [Human Resources] and Lp [Loss Prevention] staff,” the person said in an email. The individual believed that most of the people targeted in the layoffs were high paid District Leaders, responsible for coordinating several individual stores, as well as under performers.
