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Viz lays off some staff!

Posted by Tom 5 years ago   -  

304 comments

Looks like even VIZ Media is not immune from the economic conditions that many U.S. manga publishers are facing now. According to the ICV2 report, VIZ is in the midst of restructuring their business:<br />
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VIZ Media CEO Hidemi Fukuhara has issued the following statement: "Viz Media is in the process of refining its focus and is restructuring to adjust to changing industry and financial market realities. Viz feels confident that with these changes, the company will be more streamlined to face the current economic climate."<br />
<br />
While several sources have reported this news, there's been no other official details released so far. So it's unclear how many staff members were affected by layoffs and which, if any, divisions were affected by the restructuring.<br />
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There was recently chatter surrounding the recent departure of former Shonen Jump Editor-in-Chief Marc Weidenbaum and whether his decision to leave the company had effectively put their original comics program in jeopardy. It's too early to see these two events will mean for VIZ and their various divisions.<br />
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However, it should be noted that VIZ's manga titles, especially top series like Naruto, Bleach and Vampire Knight enjoyed consistently strong sales in 2008. VIZ has a lot going for them on the plus side of the balance sheet, so it'd be a real stretch of the imagination to think that there is any risk of VIZ closing up shop based on this news. It just goes to show that the dire market conditions that the industry pros just described at New York Comic-Con 2009 were not just hyperbole -- Things are tight all over, and it's no different in the manga business.

News Comments (304)

Page:
Soooo, how is everyone that's still alive here?

Posted by _Kite_ 5 years ago

@obitO - hahahaha
that's two times now xD

Posted by kenshinsama007 5 years ago

@ken: delete no wha..? o_o?

Posted by OBITOguy 5 years ago

@tokyo - bored cuz i cant watch a game , and about to resume studying in a few hours

Posted by kenshinsama007 5 years ago

Quoting OBITOguy@ken: delete no wha..? o_o?

My post was posted twice. He used his "modding" jutsu.

Posted by _Kite_ 5 years ago

@ken: now itss three times in a row i post to you and another of your posts shows up o_o"

and yes, i hate the damn smiley -_-

Posted by OBITOguy 5 years ago

@obito - a delete jutsu -.-

Posted by kenshinsama007 5 years ago

@kite: Oh. didn't notice he deleted it...

Posted by OBITOguy 5 years ago

@Ken: Sheesh okay.... forgot you were mod

Posted by OBITOguy 5 years ago

@obito - i hate all of the smileys ....

except that one

Posted by kenshinsama007 5 years ago