Funko Layoffs July 2025. The company will take a termination charge and severance pay hit of us$2.4 million to us$2.8 million in its third quarter earnings as a direct result of the layoffs. Shutters its poster business following mass layoffs at mondo.
Fnko on friday said that it planned to cut between roughly 180 to 200 employees, or around 12% to 13% of its staff, the latest effort to scale back as the toy maker deals with. Funko said it expected to incur charges of up to $2.8 million associated with the layoffs, but that it will result in $20 million to $22 million of annualized run rate cash savings.