Waldo launched from Boulder to save your pocket money. Did you know some online retail prices change hourly depending on the time of day? Waldo helps customers dodge overspending on items with its AI that tracks price changes, and it just launched last week. [Built In Colorado]
Two big tech companies may be making their way to Colorado. One Colorado-based firm is looking to hire 1,400 people, and the state is also courting a North American data center provider for a potential move of its headquarters, according to Colorado Business Journal. [Colorado Business Journal]
Wowza’s CEO, David Stubenvoll, made Ernst and Young entrepreneur nomination list. Wowza provides live streaming capabilities to big partners like Microsoft and Google. [Press Release]
GoSpotCheck added five team members to its C-suite. Ian Erickson was announced as executive vice president of technology to oversee technical leadership and engineering initiatives. Laura Sellers will be responsible for driving product vision in her new role as executive vice president of product and engineering. Jacob McNulty will use his 15-plus years of experience in customer success in his role as vice president of customer success. Heather Larrabee announced as executive vice president of marketing after nine years at Whole Foods Market. Eric Gould will be a strategic adviser responsible for development in innovation. [Press Release]
GameStop Lays Off Over 100 People, Including Nearly Half Of Game Informer’s Staff
The struggling retail chain GameStop laid off over a hundred employees today, both at its corporate headquarters in Grapevine, Texas and at other offices including its subsidiary Game Informer magazine in Minnesota, where nearly half of the editorial staff lost their jobs in a surprise cut.
“As part of the previously announced GameStop Reboot initiative to transform our business for the future and improve our financial performance, we can confirm a workforce reduction was implemented impacting more than 120 corporate staff positions, representing approximately 14% of our total associate base at our company headquarters as well as at some other offices,” a GameStop spokesperson told Kotaku in a statement.
“While these changes are difficult, they were necessary to reduce costs and better align the organization with our efforts to optimize the business to meet our future objectives and success factors. We recognize that this is a difficult day for our company and particularly for those associates impacted. We appreciate their dedication and service to GameStop and are committed to supporting them during this time of transition.”
This news comes just a few weeks after GameStop laid off dozens of regional managers, following a brutal year that saw the company try (and then stop trying) to sell itself. GameStop’s stock has plummeted over the past few years as the retailer continues to struggle to stay afloat in a world where digital distribution has grown to dominate gaming.
The layoffs blindsided staff at Game Informer today. Seven of the popular magazine’s editors announced on Twitter this afternoon that they had been laid off, including one who said he was on vacation. (Per Game Informer’s masthead, the magazine has 19 full-time editorial staff.)
“I am trying to get things right with my people,” editor-in-chief Andy McNamara wrote on Twitter. “I love Game Informer, its people and its readers more than any corporation could, and I will address all the issues when I can, but for now I need to focus on my GI family.”