Funimation's Parent Navarre Confirms Staff Reductions
posted on by Mikhail Koulikov
Last week, the North American anime distributor Funimation completed a company-wide restructuring that led to staff reductions. The magazine Video Business reports that in total, about 20 Funimation employees were laid off, along with about 30 people who worked directly for Funimation's parent company, Navarre Corporation. Navarre's general counsel, Ryan Urness, confirmed these figures with the magazine.
Some of Navarre's affected departments reportedly included the financial, information technology, and operations departments; this cut represented about 7% to 8% of the corporation's workforce. Funimation Senior Public Relations Manager Jackie Smith confirmed with ANN that about 20 layoffs occurred within the company, which had about 140 employees beforehand. Smith also stressed that "the production department was not affected and fans should not be concerned about current or future productions of their favorite series."