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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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15057519 No.15057519 [Reply] [Original]

>GameStop lays off 1/3 of its upper retail-level management team
>regional managers, district managers, HR and loss prevention fired
>GameStop's new rebranding initiative is known as "GameStop Reboot"

Is the writing on the wall?

>> No.15057551

fuck video games

>> No.15057582

>>15057519
>is this the writing on the wall
Yeah, have you seen their website? Shit looks outdated as fuck. People are buying their on amazon anymore or second hand locally from the few suckers that buy shit on release day.

>> No.15057600

Uh oh. Gamestop is stream lining.

Imagine owning stock in this.

>> No.15057691

>>15057519
I never liked Gamestop. EB and Funcoland were better.
The only thing they were good for were end-gen clearouts. I bought a ton of ridiculously marked down PSP and Gamecube stuff there.
If they go under, it's what they get for encouraging their employees to be huge assholes about Gamestop Rewards cards

>> No.15057780

>>15057519

I don't know if it's "writing on the wall" levels yet, but they were oversaturated as fuck.

Google "Gamestop" and see how many pop up around you. I'm in a major metro and I count more than 10 in a few miles.

>> No.15057811
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15057811

>>15057519
Kek, they have a 30% dividend yield they'll be fine, I just bought $10k+ of cheap shares
Tell me where else in the world you can get guaranteed 30% compound interest /biz/
>laughing all the way to the bank

>> No.15057839
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15057839

Fat fucking dividend though

>> No.15057842

>>15057691
>assholes about gamestop rewards cards

What are you talking about? Just curious as i am seriously unaware.

>> No.15057875
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15057875

>>15057839
This.
It's like credit card interest, but they pay YOU credit card interest
Legit may have broken the system

>> No.15057883

>>15057875
I wouldn't make it a large part of your folio though, it's not a stable dividend by any stretch

>> No.15057886

>>15057839
>annual dividend of 1.5$
>AT&T pays 2$ annually on dividends
>AT&T isn't a shitty video game company and actually owns all the tele and internet lines in america

>> No.15057889

>>15057839
You mean the suspended dividend? As of june

>> No.15057900

>>15057889
ur mom's a suspended dividend

>> No.15057907

>>15057886
Not knocking it though it's just risky as fuck, Maybe 5 years ago it would have been a good idea to put half a million into Gamestop but now it seems really stupid to do that.

>> No.15058005

>>15057889
Oh, bummer.
>>15057886
Hey if they paid it, that's more than T's dividend.

>> No.15058075

>>15058005
Putting it into gamestop, Imagine buying at 4$ and one day it just plummets to 1$ with half a million. JUST. I just like AT&T because it's been 20-30$ for and hasn't changed for 10 years so it's fairly stable.

>> No.15058125

>>15057811
You caught the ambitious-goy bait. Have fun getting exit scammed when everybody sells before it’s time to receive those dividends faggot!

>> No.15058143

>>15057842
>go up to the counter with some used games
>"hello, will that everything?"
>yes
>"do you have a powerup rewards card?"
>no, i don't
>"would you like to sign up for one? you get a bunch of great rewards and promos"
>no thank you, i just want the games
>"are you sure? you're missing out on a really solid deal!"
>i honestly don't play video games enough to make it worth my while, man. maybe a few hours a month at most on outdated consoles. thank you anyway
>*eye roll* "yeah, ok, WHATEVER. i'm just trying to help you save some money here but i see you have your priorities straight"
>yeah, i'd just like the games thanks
>finally gives me the price
this happened on a few occasions in different stores. go into buy some cheap games, they shill it aggressively, then try to shame you and play the victim if you don't go along with it. managers squeeze them to do it and i guess some of them take it personally and get emotional when they put themselves out there and get rejected. some of them have been pretty laid back about it