Funko Guts Mondo: Lays off majority of staff

[Guyhoff]

Very sad for collectors and obviously those who lost their positions

[willy wonka]

Sad to hear and I hope that they continue to make posters at some point in the future.

[El_PANDA]

If you ever need to feel the pain of taking an L there’s always the Nike SNKRS app. I’ve haven’t won anything in 3 years and I still try every week

LOL SNKRS got me dead inside, at least I know where I stand with Nike 100% of the time.

Damn you might be my good luck charm I just won air max 1 big bubbles on air max day

Haha I always strike out myself

[Lord Bacon]

Very sad news as a paper collector. Hope this isn't the end of Mondo art printing.

[ghostrye]

So incredibly sad. I really hope they can relaunch at some point. The x men animated figures and motu figures are unbelievable. I hope they aren’t finished.

[YeetGrimes]

Could not be more disappointed about this and hope changes are made in the future. So many great designs and even greater designers behind them

[Nobody888]

I am a bit disappointed, but tbf I haven't purchased a mondo print for some time.

[PaleRiderOfDoom]

Mondo stuff was always awesome. I really hope there is a plan in this and the people affected are given the ability to still work for the company in some capacity. It's really gut wrenching.

[DrunkoPop]

Funko is also known for posters. They probably would continue them. I don’t see why not

[lazcommalisa]

I don’t know if anyone follows some of the artists that were in the process of making posters for Mondo. But since the news, they’ve been showing their WIP and what could’ve been-ugh such cool designs. If you wanna look for yourself, search for Matty Taylor or Matt Ferguson on Twitter

[Jade10881]

Why would they buy the company if they didn’t want it for one of the main products it’s known for?

They probably did then, trying to expand their audience. Their stock was up, they added warehouses and Etc but now they’re not doing as well. Excess inventory, rising costs.

[Kwiksilverpop]

Damn you might be my good luck charm I just won air max 1 big bubbles on air max day

Haha I always strike out myself

I never get any of the super popular shoes on SNKRS app. One time I thought I got an W but it was just a delayed L.

At least the Ls are super efficient now . Quick and painless

[Kwiksilverpop]

I don’t know if anyone follows some of the artists that were in the process of making posters for Mondo. But since the news, they’ve been showing their WIP and what could’ve been-ugh such cool designs. If you wanna look for yourself, search for Matty Taylor or Matt Ferguson on Twitter

So sad Matt Taylor had some awesome Marvel art in the pipeline. In his fan page group he confirmed he will not be releasing any future Marvel prints with any other galleries, tis the end of an era

[TheerealJT]

The layoffs are unfortunate. Can’t imagine they would completely stop making posters though. If anything hopefully they’ll make them easier to get.

[lazcommalisa]

I don’t know if anyone follows some of the artists that were in the process of making posters for Mondo. But since the news, they’ve been showing their WIP and what could’ve been-ugh such cool designs. If you wanna look for yourself, search for Matty Taylor or Matt Ferguson on Twitter

So sad Matt Taylor had some awesome Marvel art in the pipeline. In his fan page group he confirmed he will not be releasing any future Marvel prints with any other galleries, tis the end of an era

I had no idea about that…to say I’m shocked and saddened is an understatement. He was one of the artists that got me into Mondo, I love his art.

[fieldsy32]

Seems like they’ve back tracked some?

[cptsailor]

Seems like they’ve back tracked some?

Seems like possible misrepresentation in the media. They definitely cut staffing, but doesn't appear to be "the whole poster department".

[renardchua]

Official statement from Brian posted on Mondo’s official Twitter account.

https://twitter.com/mondonews/status/16 ... 3ysesNmHdw

[nerdandcheese]

Great news all around! That record store / art gallery / music venue sounds cool

[Jade10881]

Nice that it’ll be in San Diego. Wonder if it will be near downtown for events during con. Hopefully quality won’t decrease while increasing quantities.

[FunkOCD]

Official statement from Brian posted on Mondo’s official Twitter account.

https://twitter.com/mondonews/status/16 ... 3ysesNmHdw

Surprised it was only posted on Twitter!

[Ronnie18]

Yes, I saw the tweet. Hopefully, this means at least in some ways they are investing in the company. Because the other reports didn’t make it would that way.

[GimmeFunkoNow]

Mass producing prints means to me there’s no way they’ll be high quality. They won’t be screenprinted. The point of Mondo was limited edition. Not good.

[Kwiksilverpop]

Mass producing prints means to me there’s no way they’ll be high quality. They won’t be screenprinted. The point of Mondo was limited edition. Not good.

I was thinking the same, Mondo should stay niche. Current screen printing infrastructure is not available for mass production, quality will drop:( With popular artists who have worked with Mondo being very vocal about the situation, they will likely have to source new talent as well.

[questkid32]

Maybe now they can welcome Tyler Stout back into the fold...

[Thrillofthehunt]

That's a good clarification from Brian and what I had figured, just reducing headcount but still committed to Mondo. Wouldn't make sense to end the product so quickly. Just got twisted in the media

[El_PANDA]

That's a good clarification from Brian and what I had figured, just reducing headcount but still committed to Mondo. Wouldn't make sense to end the product so quickly. Just got twisted in the media

Happy to see a resolution

[El_PANDA]

Great news all around! That record store / art gallery / music venue sounds cool

Hopefully it becomes a hub when SDCC comes around

[GimmeFunkoNow]

Great news all around! That record store / art gallery / music venue sounds cool

Hopefully it becomes a hub when SDCC comes around

I wonder how they are going to do SDCC. And will they do NYCC.

[JCFun]

Mass producing prints means to me there’s no way they’ll be high quality. They won’t be screenprinted. The point of Mondo was limited edition. Not good.

I was thinking the same, Mondo should stay niche. Current screen printing infrastructure is not available for mass production, quality will drop:( With popular artists who have worked with Mondo being very vocal about the situation, they will likely have to source new talent as well.

There was people talking about this on the post, but that is my fear as well. If they are going to increase the number, they won't be able to do screenprinting most likely. Not unless they find another source for it

[ghost_yamasaki]

Wow. I did not see that coming at all. Maybe I should have with all the market and economic volatility. Wishing the best for all those folks who lost their jobs. I know they loved what they did. That’s for sure.

[stl_ben]

Maybe now they can welcome Tyler Stout back into the fold...

NOPE.
Artist wont be returning to Mondo, they are fleeing. Funko burned so many bridges.
There is 0 way to ramp up the production that is mentioned in that letter, all printing places are backed up thats why it aready take 6 months to get most Mondo prints already.
Zero chance they open a record pressing plant / venue in San Diego. They are doing mass layoffs and trashing millions of dollars in inventory to cut spending as times are bad....that means they don't have millions to open up a new venue!
Its a bad PR letter, sorry Mike....

[Kito87]

I don’t know if anyone follows some of the artists that were in the process of making posters for Mondo. But since the news, they’ve been showing their WIP and what could’ve been-ugh such cool designs. If you wanna look for yourself, search for Matty Taylor or Matt Ferguson on Twitter

Ya, some really cool stuff out there!!

[ryanc_]

I read the letter, still very angry and sad at what has happened and all the bridges that were burned. Seems this is still the end of an era. I’ll be sure to follow the individual artists I like to keep up with their work.

[nathan_bakken]

The new store front/record pressing sounds cool, still not loving the amount of bridges Funko has burned recently. Also, collectors like limited pieces, producing more defeats the purpose.

[riddle360]

Was very skeptical of this acquisition originally and now I am sad.

So was I. Didn’t understand the pairing at all.

Same. This is definitely sad news. Not sure what the future has in store for Mondo now but those posters were amazing! Sad.

[billyconard]

Man. it's super frustrating to see all of the online angst and bad blood surrounding Mondo, artists, Funko, and these layoffs.

I have always been a big fan of what Mondo does. I don't own many posters - but always loved the art and was lucky enough to get a few over the years. I dig the records and figures too.

I wish and hope that they can find a happy medium going forward with the posters and artists. Sell stuff at scarce quantities and for the masses with things like timed releases, etc. But maybe too many bridges have been burned and that model just isn't profitable these days. I don't know the finances behind the scenes to make any judgements.

[rontonsoup]

I saw the clarification and am excited to see that flagship store in San Diego. I wonder where they’d put it.

[kdmlvr]

Official statement from Brian posted on Mondo’s official Twitter account.

https://twitter.com/mondonews/status/16 ... 3ysesNmHdw

Surprised it was only posted on Twitter!

That is awesome that it will be in san diego.

[skillawashere]

Disappointing all around. Honestly that PR letter did not help and had more people question the decisions made. It is what it is but they have disappointed a lot of fans and artists alike.