GameStop to lay off over 700
The bloodletting layoffs downsizing rightsizing has begun. The Philadelphia Business Journal is reporting that GameStop Corp. is closing its Greater Philadelphia operations, a.k.a.
the former headquarters of one Electronics Boutique Holdings Corp. Also on the block is EB's $13 million distribution center in Coatesville, PA (which just opened a year ago). This translates into 735 full-time and temporary jobs lost with more to follow next year. Where's the brotherly love, man?
[via 1UP]