Viz Media Lays Off Up to 60, Closes NY Branch

The Publishers Weekly trade magazine reports that the North American manga and anime publisher Viz Media has laid off up to 55 people at its San Francisco headquarters and closed its New York branch, which had five employees. According to the magazine, the layoffs represents about 40% of the publisher's workforce. Viz confirmed the layoffs with Publishers Weekly on Tuesday, but not the number of layoffs.

Viz restructured with a round of layoffs in February of 2009.

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Reibooi2357d ago

It sucks that many people had to lose their jobs.

It's somewhat disheartening to see this happening to Viz. They are one of the bigger publishers out there and they have ALOT of big series and many popular franchises one would think would provide constant profit but perhaps they are not getting what they need.