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More Layoffs Hit Wizards of the Coast Amid Corporate Reorganization

There are fresh indications of more layoffs at Wizards of the Coast, with news coming directly from those impacted. Associate Influencer Manager Dixon Dubow announced on Twitter that he had been laid off as part of a corporate re-organization. Dubow, expressed his dismay, saying, “Unfortunately, I was informed today that my position on @Wizards_DnD has been impacted as part of a corporate re-organization. I have been laid off. More words will come later, for now I am just heartbroken.”

Dixon Dubow played a significant role in building relationships with the community. His contributions were widely recognized amongst content creators as helping Wizards of the Coast maintain strong connections during major events and product releases.

The corporate reorganization remains vague, with concerns about what this means for the future of Wizards of the Coast and its structure. Wizards of the Coast has yet to issue an official statement regarding this development.

This is not the first time Wizards of the Coast has faced significant layoffs in recent years. In December 2023, Hasbro, the parent company of Wizards of the Coast, announced a round of layoffs that affected 1100 staff members, many of whom were part of Wizards of the Coast. This came after an earlier round of 800 layoffs at the beginning of 2023, bringing the total number of positions eliminated last year to over 1900, marking a 20% workforce reduction. The layoffs were part of a broader strategy by Hasbro to navigate financial challenges amid a struggling toy market, while also cutting costs by selling their stake in eOne and closing their Providence, R.I. offices.

During these challenging times, Wizards of the Coast had been a bright spot for Hasbro, with Magic: The Gathering and Dungeons & Dragons seeing significant popularity. However, the recent developments raise questions about the company’s direction and its ability to sustain community-focused initiatives.

We’ll continue to follow the story as more information emerges, including any further details about who else may be impacted and the broader implications for the company.

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Source: Tabletop Gaming News

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