GameStop is undergoing another round of large-scale layoffs, with the crypto wallet team being severely affected

ChainCacther news, according to multiple laid-off employees on social media, the game retailer GameStop is undergoing another round of massive layoffs, with the crypto wallet team being hit particularly hard. Among them, GameStop's Chief Software Engineer Daniel Williams earlier today posted on LinkedIn that the layoffs mainly affect e-commerce products and software engineers, and he also mentioned that the company will release an announcement later today.

GameStop launched an NFT marketplace focused on the Ethereum ecosystem this year. In May, the company announced the launch of its own Ethereum wallet. (Decrypt)