GameStop fires CFO and plans to cut staff

GameStop has fired CFO Michael Recupero and named Diana Saadeh-Jajeh, the company’s chief accounting officer, to replace him. CEO Matt Furlong has also sent a memo to employees about other unspecified layoffs. “We’re making a number of reductions to help us keep things simple and operate nimbly with the right talent in place,” wrote Mr. Furlong.