GAME Australia lays off 281 employees, closes 60 stores

GAME Australia lays off 281 employees, closes 60 stores

28 May 2012

More sad news for the Australian gaming industry today as a variety of sources have confirmed that GAME Australia will be closing 60 stores around the country, laying off a total of 281 employees.

GamesIndustry International reported Friday that GAME administrators plan to close 60 retail stores at the cost of 264 jobs. Seventeen additional head office positions have been terminated.

Kate Warwick of PricewaterhouseCoopers said, “this is a difficult time for employees and closing the stores was not a decision we made easily. However it is not financially viable to continue to operate at this level at this time.”

“PwC has been in touch with the Federal Government Department that deals with General Employee Entitlements and Redundancy Scheme (GEERS) and will assist the employees with their applications.”Warwick was appointed the voluntary administrator of GAME Australia on 14 May.

The Australian Financial Review provided the locations of the 60 stores to be closed, as follows: Albury, Armadale, Armidale, Arndale, Ballina, Bayside Frankston, Bendigo, Broadmeadows, Cairns Central, Calamvale, Camberwell, Canberra Centre, Capalaba, Castle Hill, Charlestown, Eastgardens, Epping Plaza, Forrest Chase, Gateway, Grafton, Greensborough, Griffith, Hornsby, Innaloo, Joondalup, Kawana, Kingaroy, Kingsway, Knox City, Kotara, Lakehaven, Lismore, Logan Hyperdome, Mandurah, Manning Mall, Marion, Midland Gate, Morayfield, Narellan, Orange, Port Central, Renmark, Riverside, Robina, Shepparton, Smithfield (Cairns), Southlands, Stocklands Cairns, Tamworth, Toowoomba, Townsville, Tweed City, Warrawong, Warringah Mall, Watergardens, Wendouree, Werribee, Willows and Wollongong.

Our hearts go out to those staff that have lost their jobs in this action.