Welcome to Purple Pawn, covering games played around the world by billions of people every day.
Jakks Pacific, the third major US toy and game retailer, has had yet another down quarter. Looking back at PP’s archives, they managed to do this at least since Q3 2008, perhaps further.
Compared to Q3 2008, sales were down $6.4 million to $351.4 million, which is only a 1.8% drop. But income was down$20.4 million to $33.7 million, a loss of %37.7. (source)
So it’s no surprise that Jakks let go over 100 employees a few days ago. (source)
Sorry, the comment form is closed at this time.