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Fandom lays off employees at Giant Bomb, GameSpot and Metacritic • TechCrunch

Entertainment company Fandom has laid off an undetermined number of employees at multiple properties, including Giant bomb, Game Spot and Metacritical. These properties are mainly focused on publishing content around gaming and TV shows.

According to a report by Variety, the company employs about 500 people and the layoffs have affected about 10% of the workforce in various locations. Employees were caught off guard by this surprise announcement from CEO Perkins Miller at an all-hands meeting, according to my city.

The job cuts come months after Fandom acquired a host of brands — Comic Vine, Cord Cutters News, GameFAQs, GameSpot, Giant Bomb, Metacritic, and TV Guide — from Red Ventures in October. Sources told TechCrunch at the time that the size of the deal was about $55 million.

While announcing the acquisition, Fandom said this deal will help the company “super-serve” its advertising 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 Beesley

Some people, like GameSpot entertainment editor Mat Elfring, video producer Jess O’Brien, aka “Voidburger,” and graphic designer Justin Vachon tweeted about frustrating layoffs.

We’ve reached out to Fandom for a comment, and we’ll update the story if we hear back.

Several gaming and entertainment media outlets have faced layoffs in recent months. Some IGN contributors were hit last month while Polygon employees were fired as part of Vox is cutting jobs in July.

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