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Inside the IDW layoffs and "reset": How a company went from making "a shit-ton of money" to worrying about bankruptcy
Current and former IDW employes, including the new CEO himself, help us assemble a picture of what is happening at IDW Publishing and IDW Entertainment
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As the dust continues to settle on the massive and sudden wave of layoffs that struck IDW Media Holdings (and its subsidiaries IDW Publishing and IDW Entertainment) on April 27 – a slate of dismissals that saw approximately 39% of the company’s workforce let go over the course of a single day – the facts are still slowly becoming clear about what happened. Even as IDW issued a press release on May 3 (its first public statement since the upheaval a week earlier) announcing what the company had previously dubbed a “reset” for the publishing division under a new leadership of both new hires and remaining staff
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