Fandom’s Giant Bomb, GameSpot, Metacritic, TV Guide sites hit by layoffs

Fandom has made an unspecified number of layoffs at GameSpot, Giant Bomb, Metacritic and TV Guide, four months after buying the gaming and entertainment sites for around $50 million.

Multiple employees of the websites affected by the job cuts posted on social media about the layoffs on Thursday. Fandom declined to comment on the layoffs.

Those laid off included GameSpot entertainment editor Mat Elfring; Giant Bomb video producers Jess and Jason Oestreicher; game point; Stuart Kimball, Associate Video Producer at GameSpot; Mason Downey, GameSpot entertainment writer; and Justin Vachon, a graphic designer who has worked at Giant Bomb, GameSpot, TV Guide, and Metacritic.

In October, San Francisco-based Fandom announced an agreement to acquire GameSpot, Metacritic, TV Guide, GameFAQs, Giant Bomb, Cord Cutters News and Comic Vine from digital marketing firm Red Ventures. Fandom paid approximately $50 million in cash for the properties, the sources said. Red Ventures in 2020 had acquired TV Guide, Metacritic, GameSpot, and Giant Bomb as part of its $500 million deal to buy CNET Media Group from Paramount Global.

Fandom was founded in 2004 by Jimmy Wales, co-founder of Wikipedia, and businesswoman Angela Beesley Starling. In 2018, Fandom was sold to a company backed by the venture capital firm TPG headed by Jon Miller.

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