GAME Posts Huge Profits In UK, Then Freezes Employee Pay
Today, the gaming chain Game in the UK posted up its results for last year and it seems that they made a ton of money. As a matter of fact, they posted profits up a heathly 75%, and a same store sales up 8% year on year. Those numbers are rather astonishing and show that there is a healthy retail market in the gaming sector, even overseas.
Funny thing is that right after announcing these steller profits, Game also announced a wage freeze for all of its associates, citing uncertain economic times ahead. I can totally understand that you might want to hedge your bets and prepare for a slowdown in sales, but to announce a wage freeze right after announcing record profits is a bit tacky, and does not help your position any. Also factor in the publicity and you have really done yourself a dis-service.
via MCVUK.co.uk
Tags: 75%, associates, bad timing, game, record profits, UK, wage freeze









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