IDW Comics layoffs hit nearly 40%

Major comics Publisher, IDW, terminates 39% of their staff to recoup on losses.

With Properties like Transformers, Teenage Mutant Ninja Turtles, Godzilla, Power Rangers, and Sonic the Hedgehog you’d think a Publisher would be able to hold it together. However, holding IPs doesn’t just manifest capital. Neither does being the 5th in the top five, apparently. I wouldn’t know because I’ve not bought one of their comics in over a decade.

The Marketing and Editorial divisions took the biggest hit. Because of that they’ve “gone dark” as their cost-cutting “measures” are taking effect while they’re being delisted from the NYSE (New York Stock Exchange). We reached out to Hasbro and have not been given any comment.

Our hearts go out to those Laid off. San Diego is by no means an easy place to afford. If this is a sign of things to come, we could see Dark Horse, Marvel, or DC to suffer similarly. Only time will tell but it may be time for industry-wide downsizing to a more “Indi Comics” standard.