Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Grokenstein

(6,239 posts)
Wed May 21, 2025, 03:40 AM May 2025

Toy company forced to lay people off because of trump tax

https://super7.com/blogs/news/a-message-from-brian-flynn

Super7 is a popular "hip" toy company that sells figures from assorted franchises, including hip-hop artists, Peanuts, GI Joe, Godzilla, Sesame Street and so on. Founder Brian Flynn sent this message out to customers:

(bold mine)

As you may have heard, we had to make the difficult decision to let team members go. These are people who were doing the best work in the industry, none of whom deserved to be let go. I want to be clear that this reduction in staff is a direct result of the tariffs applied to our industry. The preceding six months before the tariff announcement had been Super7’s best since the inception of the company nearly 24 years ago. Then the landscape changed overnight.

Make no mistake, the tariff is a tax on American companies and the American consumer. The people who lost their jobs last week were Americans across 16 different states. The 145% tariff effectively shut our business down, bringing new inventory leaving the factory to zero, compounded by massive tariffs on pre-order product already on the water headed to consumers. This week’s change in tariff to 30%, is still a massive increase to this industry that requires significant change to work within.
5 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Toy company forced to lay people off because of trump tax (Original Post) Grokenstein May 2025 OP
And the Orange Shitstain's... GiqueCee May 2025 #1
I remember when so called conservatives were for free markets. Emile May 2025 #2
Perhaps they didn't understand donnie two-dolls. Norbert May 2025 #3
"Tough shit." - G.O.P. BoRaGard May 2025 #4
"Fuck America" - GOP CaptainTruth May 2025 #5

GiqueCee

(3,279 posts)
1. And the Orange Shitstain's...
Wed May 21, 2025, 05:26 AM
May 2025

... pretty little mouthpiece with the shriveled soul will blame this on Biden in 3... 2... 1...

Emile

(40,259 posts)
2. I remember when so called conservatives were for free markets.
Wed May 21, 2025, 05:38 AM
May 2025

LOL, now all they're worried about is if their dear leader will have them primaried.

Latest Discussions»General Discussion»Toy company forced to lay...