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GamesRadar
GamesRadar
Technology
Will Salmon

Comics publisher IDW "hits reset" by laying off 39% of its staff and appointing a new CEO

IDW Company
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Comics publisher IDW has announced that it is undergoing a series of cost-cutting measures, including major staff layoffs, managerial changes, and removing itself from the New York Stock Exchange. 

In total, 39% of the workforce at IDW Media Holdings, which covers entertainment as well as comics, will be laid off. It is hoped that these cuts will lead to $4.4 million in annual savings for the company.

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