1. Associates & Employees

Funko lays off 12% of workforce

Written by Posted on Less than 0 min read

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Dive Brief

The staff cuts affect 180 employees and come as the company, known for its pop-culture-inspired figures and collectibles, reported sales fell 24% in Q2.

Published Aug. 7, 2023

By
Howard Ruben

Funko Pop Vinyl figurine bobbleheads are displayed during 2019 Los Angeles Comic Con at Los Angeles Convention Center. The company anticipates the job cuts will lead to $20 million in incremental annualized savings.

Paul Butterfield via Getty Images

 

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