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Diamond Comic Distributors, who have recently lost DC Comics, and much of Marvel, IDW & Dark Horse, are suddenly terribly busy with news.
Nearly 40% of the workforce was cut in and effort to "preserve capital" after a massive profits loss in the first 2023 quarter.
IDW, generally considered the fifth-largest comic book publisher, has laid off 39% of its workforce this week. Editorial has also been gutted, and
New IDW CEO Davidi Jonas, states "today we hit reset" as IDW drops off the stock exchange and fires two-fifths of staff.