Thanks to a new video by Camelot331, we have learned that GameStop posted a net loss of $165.7 million during the first quarter of 2020. This number includes a $53 million non-cash tax charge associated with the valuation allowance against deferred tax assets.
Due to this major cash loss, associates nor managers will be receiving bonuses of any kind. However, that doesn’t mean that some won’t be. Thanks to an anonymous corporate employee at GameStop, Camelot331 was able to learn that that nobody would be receiving bonuses of any kind except for directors and executives.