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Viz: No Product or Business Line Cancellations Planned (Updated)

posted on 2010-05-13 08:30 EDT
Viz releases statement after Tuesday's restructuring with layoffs

On Wednesday, the North American manga and anime publisher Viz Media released a statement on its website regarding the news that the company had laid off up to 60 people, or 40 percent of its workforce, yesterday.

In the statement, Viz stated that it has "no plans at this time for drastic measures" like product cancellations or business line closures, adding, "your favorite series are not going away." Viz stated that it is "saddened" by the layoffs, but it is "confident that with these changes Viz Media will be more streamlined and able to withstand the climate of the economy at this time."

ANN has confirmed that the public relations and design departments were among the ones affected by the layoffs. Nick Mamatas, the editor who was hired to head Viz's new Haikasoru science fiction novel line, remains employed.

Viz's full statement can be read on ANN.

Update: The Beat blog notes that Vice-President of Sales and Marketing Gonzalo Ferreyra and Senior Director of Public Relations Evelyn Dubocq were laid off. The ICv2 website reports that Senior Vice Presidents (and General Managers) Ken Sasaki and Alvin Lu are now the top executives under CEO Hidemi Fukuhara.


follow-up of PW: Viz Media Lays Off Up to 60, Closes NY Branch (Updated)

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