Funko plans to lay off 25% of its global workforce
EVERETT — Funko, the Everett-based pop culture toy maker, expects to lay off about a quarter of its global workforce over the next few months to try to stanch the economic fallout from the COVID-19 pandemic.
Companywide, Funko employs about 1,000 people in the United States, Europe and Asia, including hundreds of workers at its corporate headquarters in downtown Everett and distribution warehouses near Paine Field.
The company, best known for its Pop figurines, announced the layoffs this week in a regulatory filing with the U.S. Securities and Exchange Commission.
In the U.S., Funko employs about 750 people at stores, warehouses and offices in Everett; San Diego; Hollywood; Chatsworth, California; and other locations.
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