MCV reports that directors Rob Lukic and Tony Pagano have resigned in the wake of a poor year where GAME struggled to grow market share.
"The chain has reshuffled a number of key executive positions and has plans to close several of its outlets. MCV has been lead to believe that between 10-20 jobs have been lost in total."
It's not known which, or how many, retail stores will be closed. Anonymous sources within GAME have told Kotaku that the job cuts have so far only been felt at the retailer's head office. Management has not yet informed staff of what cuts will be made at store level.
We'll follow up with GAME and update you when we hear any more.