Layoffs at GameFly
By-mail and PC on-demand game service hit with layoffs as part of a restructuring effort; 15 percent of staff have been cut.
Restructuring at GameFly has led to a round of layoffs affecting 15 percent of the company, Joystiq reports. GameFly CEO Dave Hodess released a statement on the matter to the site, saying no significant changes will come to pass as a result of the cuts.
"We studied our business and determined that we could operate with a smaller team while continuing to provide the same high level of service to our customers," Hodess said.
"Aside from a greater focus in our software development efforts, we're not making any significant changes in our console subscription or digital download businesses. GameFly remains profitable with a strong balance sheet."
Future generation consoles from Microsoft and Sony are believed to emphasize digital distribution, which could spell trouble for a company like GameFly. However, in addition to the company's by-mail service, the firm owns the Direct2Drive platform, allowing gamers to purchase and play PC titles.
Marvel Rivals - Official Loki Character Reveal Trailer | The King of Yggsgard Remnant 2 - The Forgotten Kingdom | DLC Launch Trailer Stellar Blade - Official "The Journey: Part 2" Behind The Scenes Trailer | PS5 Games Fortnite Festival - Official Billie Eilish Cinematic Season 3 Trailer Dead by Daylight | Tome 19: Splendor | Reveal Trailer Starship Troopers: Extermination - Official "The New Vanguard" Update 0.7.0 Trailer Top New Video Games Out On PS5, Series X/S, Switch, And PC This Month -- November 2020 Top New Video Games Out On Switch, PS4, Xbox One, And PC This Week -- October 25-31, 2020 Top New Video Game Releases On Switch, PS4, Xbox One, And PC This Week -- October 18-24, 2020 Top New Video Games Out On Switch, PS4, Xbox One, And PC This Week -- October 11-17, 2020 Top New Video Game Releases On Switch, PS4, Xbox One, And PC This Week -- October 4-10, 2020 Top New Video Games Releasing On Switch, PS4, Xbox One, And PC This Month -- October 2020
Please enter your date of birth to view this video
By clicking 'enter', you agree to GameSpot's
Terms of Use and Privacy Policy
Got a news tip or want to contact us directly? Email news@gamespot.com
Join the conversation