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DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
GameStop makes a harsh decision amid declining sales https://t.co/k0FWCbGL9i
GameStop commits to layoffs despite concerns over business 'strain' https://t.co/PVlsOCIQId https://t.co/rxfy2wTTky
GameStop allegedly cited competition from e-commerce firms and low consumer spending as reason for redundancies https://t.co/toyUrhKTvK
GameStop, a video game retailer and meme stock, is experiencing a significant decline in shares, leading to layoffs due to lower revenue, competition from e-commerce, and reduced consumer spending. Despite concerns, GameStop is committed to the layoffs amid declining sales.
