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Entertainment company Fandom has laid off an undisclosed number of employees across multiple properties, including giant bomb, game point and meta critic. These properties are primarily focused on publishing content for games and TV shows.
according to a report type, which employs about 500 people, the layoffs affect about 10% of its workforce at various locations. Employees were caught off guard by the surprise announcement by CEO Perkins Miller at an all-hands meeting. my city.
Layoffs come months after Fandom Acquired many brands — Comic Vine, Cord Cutters News, GameFAQs, GameSpot, Giant Bomb, Metacritic, and TV Guide — via Red Ventures, October. Sources told TechCrunch at the time that the deal was worth about $55 million.
In the acquisition announcement, Fandom said the deal will help the company “super-serve” its ad partners and fuel its data platform and gaming e-commerce verticals. Fandom was founded in 2004 by Wikipedia co-founder Jimmy Wales and entrepreneur Angela Beasley
GameSpot entertainment editor Mat Elfring, video producer Jess O’Brien (aka “Voidburger”), and graphic designer Justin Vachon, among others, tweeted the depressing news of the layoffs.
We’ve reached out to Fandom for comment and will update the story if we hear back.
Several gaming and entertainment media outlets have faced layoffs over the past few months.Some IGN staff are Affected last month And the layoffs of Polygon employees are Vox layoffs in July.
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