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Video game retailer GameStop has laid off another round of employees today ahead of its upcoming earnings report, according to reports and social media posts from affected Gaming retailer GameStop is cutting employees in e-commerce product, engineering and blockchain efforts. The firm joins Meta, Coinbase and others in the web3 Several employees from the e-commerce product team and engineers were laid off, according to a LinkedIn post by a lead software engineer at GameStop, Daniel One unnamed source from the company told Axios the team building GameStop’s blockchain wallet was heavily impacted. In fact, Blockchain and iOS Engineer In Brief GameStop blockchain wallet and NFT marketplace affected. This marks the third round of layoffs for the gaming retail giant. More than 900 tech firms have fired GameStop, a video game retailer, has cut off another round of employees, including crypto wallet engineers. According to the 5th of December report from Axios The team working on the firm’s crypto wallet was effectively hit hard. Daniel Williams, GameStop’s Lead Software Engineer has also confirmed the massive round of

GameStop Layoffs Hit Crypto Wallet Engineers Hard: What's Happening?

Video game retailer GameStop has laid off another round of employees today ahead of its upcoming earnings report, according to reports and social media posts from affected individuals. This marks the third round of layoffs for the gaming retail giant.

GameStop is cutting employees in e-commerce product, engineering and blockchain efforts. The firm joins Meta, Coinbase and others in the web3 space making similar cuts. More than 900 tech firms have made similar decisions recently.

Crypto Wallet Team Heavily Impacted

According to the 5th of December report from Axios, the team working on the firm’s crypto wallet was effectively hit hard. One unnamed source from the company told Axios the team building GameStop’s blockchain wallet was heavily impacted. In fact, Blockchain and iOS Engineer roles were affected. In Brief, the GameStop blockchain wallet and NFT marketplace are affected by these layoffs.

Several employees from the e-commerce product team and engineers were laid off, according to a LinkedIn post by a lead software engineer at GameStop, Daniel Williams. Daniel Williams, GameStop’s Lead Software Engineer has also confirmed the massive round of layoffs on his LinkedIn profile.

GameStop, a video game retailer, has cut off another round of employees, including crypto wallet engineers. The team building the wallet was significantly reduced.

We will continue to update this story as more information becomes available.

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