Funko has let go much of Mondo’s staff, including two co-founders.
its plans to straight up destroy somewhere between $30 and $36 million worth of its collectible vinyl figurines due to dwindling demand that’s tanked their value. But Funko’s recent decision to lay off about half of the staffers at subsidiary Mondo paints a clear picture of a company struggling to secure its financial footing.
Though Funko only acquired Mondo — the Austin-based nostalgic memorabilia outfit known for its small-batch movie posters and vinyl records — from Alamo Drafthouse last summer,
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Funko Lays Off Mondo Staff & Ceases Production of Movie PostersThe company is known for creating distinctive movie posters, records, and other film collectibles.
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Funko Shuts Down Mondo’s Movie Poster Business, Lays Off Co-Founders and Other StaffFunko, less than a year after acquiring high-end collectibles brand Mondo, has wound down Mondo’s movie-poster business and let go several employees — including Mondo co-founders Mitch …
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Funko Lays Off Original Mondo Employees, Ending an EraIt’s a sad day for fans of pop culture collectibles. Funko has let go of several core employees of Mondo, the Austin, Texas-based collectible company famous for its alternative movie posters, collectible toys, vinyl music releases, and more.
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Funko Lays Off Mondo Staff & Ceases Production of Movie PostersThe company is known for creating distinctive movie posters, records, and other film collectibles.
Read more »
Funko Shuts Down Mondo’s Movie Poster Business, Lays Off Co-Founders and Other StaffFunko, less than a year after acquiring high-end collectibles brand Mondo, has wound down Mondo’s movie-poster business and let go several employees — including Mondo co-founders Mitch …
Read more »