IDW Media Holdings management layoffs and a departure last week included the company’s Chief Operating Officer and two editors, ICv2 has confirmed. Amber Huerta, who joined IDW in 2021 and was promoted to Chief People Officer and Chief Operating Officer in a management shakeup a year ago (see “IDW Lays of 39% of Staff“), was among the five management layoffs.
Group Editor Kristen Simon, who was handling original graphic novels, collected editions and new initiatives, was another of the layoffs.
And longtime (since 2008) Special Projects Editor Scott Dunbier, who handled the company’s Artist’s Editions, for which he won multiple Eisner Awards (see, for example, “2011 Eisner Award Winners“), left the company last Friday, he announced on Facebook.
IDW Publishing improved year over year performance in its last fiscal quarter, showing a $496,000 profit for the quarter ended October 31, but lost $4.9 million for the fiscal year (see “IDW Shows Quarterly Profit“).
Update: The company provided the following comment on the layoffs: “IDW did make the tough but strategic decision to reduce five positions today. This is part of a strategy to create a more efficient IDW, and one that will be better able to delight fans for years and years to come. We are grateful for the years of commitment and hard work, and wish abundant success to those affected.”
The five layoffs represented 9.4% of the company’s staff (which means there were 53 before the reduction in force), the compnay said.
Source: ICv2
