Numerous outlets are reporting, and the Beat has confirmed, that 12 staffers were laid off yesterday during a restructuring at Lion Forge, a sister company of this website.
The one confirmed layoff is editor Greg Tumbarello, who joined the company at the beginning of the year. Although other names have not been released, The Beat can confirm that several other editorial staff members were downsized as well.
A statement from Lion Forge senior publicist Jeremy Atkins has been released:
Lion Forge has experienced a tremendous amount of growth over the last three years. While the company remains healthy, we have taken a hard look at how best to focus our efforts for continued success. As part of this process, we have made some difficult decisions, and none more difficult than in the case of personnel. We are thankful for the contributions made by everyone within the organization as we have grown from spirited start up to one of the most talked about publishers in graphic literature. As we move forward, we are working to continue to best position the company for both critical and sales success in a changing market.
We are restructuring from the top down, and across departments to ensure that our organization’s size and structure remains in line with our sales, as well as providing support for future increase in title output.
The restructuring follows the August departure of Lion Forge president Geoff Gerber.
The Beat will continue to report further personnel who were laid off as they are confirmed.
Disclosure: The Beat is owned by Syndicated Comics, which, like Lion Forge, is owned by Cel Shaded Ventures.
Heidi MacDonald is the founder and editor in chief of The Beat. In the past, she worked for Disney, DC Comics, Fox and Publishers Weekly. She can be heard regularly on the More To Come Podcast. She likes coffee, cats and noble struggle.