With the continued downturn of the bodily retail facet of the online game market, it has now been reported that British online game retailer, GAME, is now anticipating a excessive quantity of upcoming redundancies following its alleged determination to maneuver nearly all of its staff to zero-hours contracts.
Each Eurogamer and GamesIndustry.biz have now regarded into the matter and located that the online game retailer has began adapting zero-hour contracts at virtually each degree of the corporate. This observe is now customary process for all new hires and lower-end staff and is anticipated to additionally increase to the majority of upper-end staff shortly.
GamesIndustry.biz is alleged to have contacted representatives at GAME to shed some gentle on the present state of affairs unfolding inside the firm. In keeping with their report, they had been informed that, with the implementation of zero-hour contracts, layoffs at the moment are anticipated to comply with within the coming weeks and months. Nonetheless, an estimate of what number of staff is likely to be prone to shedding their jobs just isn’t recognized right now.
In 2019, the Frasers Group acquired GAME for $52 million with the optimism of turning the corporate’s fortunes round. Now, lower than 5 years later, this doesn’t look like the case, as all the bodily retail gaming market continues to slip into obscurity.
The information of the zero-hour contracts and seemingly inevitable redundancies comes just some brief months after Recreation introduced that they’d not be accepting trade-ins on pre-owned video games. Since February 16, GAME shops throughout the UK utterly stopped shopping for pre-owned titles, with the aim of promoting off the remainder of its pre-owned inventory by the tip of the summer season.
With this staple of the corporate not energetic, many imagine that that is the start of the tip for GAME and different online game retailers. At finest, the way forward for shops like GAME may solely stay energetic in a similar way to that of the classic document retailer, the place you should purchase gaming collectibles and memorabilia.
Avid gamers will nonetheless have the ability to purchase their video video games and sport consoles at sure shops, however with the disproportionate quantity of video games being purchased digitally these days, it looks like devoted gaming shops equivalent to GAME will quickly grow to be a factor of the previous.
If the UK’s main online game retailer does finally shut its doorways, it’ll mark a tragic day within the historical past of gaming and symbolize a doubtlessly ‘digital-only’ gaming world coming within the close to future.