Major US manga publisher Viz Media has confirmed that it will be sacking 40% of its workforce.
The cuts will see 55 people fired at its main San Francisco offices, and a further 5 terminated with the closure of its New york office, roughly 40% of the company’s total workforce.
Viz puts a brave face on the mass layoffs, saying it is “restructuring to adjust to changing industry and financial market realities,” and that it “had to refine its workforce by eliminating certain positions and making cuts in other areas.”
The company attempts to reassure fans it will not be cancelling their favourite manga: “We have no plans at this time for drastic measures such as product cancellations or business line closures. Your favorite series are not going away.”
In explaining the cuts, for once it seems a publisher is capable of acknowledging the effect of the business cycle rather than blaming the evils of technological change: “we feel confident that with these changes, Viz Media will be more streamlined and able to withstand the climate of the economy at this time.”
Recent years have seen dramatic reductions in the size of the US manga market, as well as poor performance in Japan, and both American and Japanese publishers have been keen to blame this on piracy rather than economic conditions or their own dying business model – staffing cuts would appear to be unavoidable in the circumstances.
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Even if naruto doesnt become readable it will still be published becuase of Blind-Die-hard fans like myself.
I agree With Shiro that Usa is only a minimal part of the world with a lot of influence but the series is over.
But, For real! It hasnt ended! My country is the third poorest in America and everyone seen the ending.
I really don’t understand why Viz doesn’t put out there own eletric copy. I refuse to beleive that unpaid teenagers can do a better job than paid professionals and IF that is true just fire whoever you have and replace them with the teenagers. They should be able to put out a higher quality copy that’s faster AND official before scanlators can sniff it.
No money in it you say?
Scanlators sometimes ask for donations. And they get them.
You could either:
a. Ask for 7 dollar year subsription, and charge a dollar per chapter or
b. Give ’em away for free and advertize for amazon/bestbuy/whatever on the side. It’s not like the scanlations are banner free.
-Either way you make some penny and bring the focus back on the company that’s supposed to be bringing them here in the first place. Some assholes scanned mag will always be worse looking than an official prettied up copy.
Hell, sell it for 2 bucks as an iphone/ipad app. But asking the consumer to wait 2 years, AND buy something they get for free is just asking for trouble. If thery’re worried about cannabalizing their printed copies, then they clearly are just out of touch.
Manga Publisher at my country is still fine. We still have faith customers here.
Shows there is still a recession going on..