Board game crowdfunding giant CMON is laying off staff and halting new game development and campaign launches, citing the ongoing unpredictability in US tariffs.
Magic: The Gathering and Dungeons & Dragons owner Hasbro has recorded a jump in profits in the first quarter of 2024, on the back of continued strength from Wizards of the Coast and Magic, and an ongoing cost-cutting programme which has so far involved the planned layoffs of nearly 2,000 people.
Sources within Funko Games spoke to BoardGameWire on condition of anonymity to paint a bleak picture of the sale to Rummikub maker Goliath, in which employees have been working for months amid huge uncertainty about their future.
Asmodee parent company Embracer Group is letting go some of its 17,000 staff as part of a restructuring program aimed at slashing its $1.45bn of debt.
