PwC Closes 277 GAME Stores, 40% Of Workforce Gone
As some of you know, UK retailer GAME has been in dire straits lately, and it has now resulted in sad news.
According to MCV, administrator PwC has closed down 277 of The GAME Group's 609 UK and Ireland stores, which means that no less than 2,104 employees are out of a job. That's a 40% reduction in the company's workforce.
The only silver lining is that the remaining stores will stay open, but their survival "depends on the timely discovery of a willing investor." If a buyer is not found soon, though, more store locations are destined to shut down. PwC has gone on record saying the loss of jobs is "regrettable," and of course, we'd have to agree. Nobody likes to see things like this happen. But the digital age is upon us...
3/26/2012 8:52:58 PM Ben Dutka