GameStop fires its CFO and announces layoffs as part of aggressive turnaround plan

GameStop has fired its Chief Financial Officer, Mike Recupero, and is making staff cuts across departments as part of an aggressive turnaround plan, the videogame retailer announced Thursday.

Recupero, who joined the company about a year ago, was “fired because he was not the right culture fit” and was “too hands off,” a person familiar with the matter told CNBC. He was pushed out by GameStop chairman Ryan Cohen, the person said.

Diana Jajeh,…