No explanation was given for the layoffs, which occurred some time last week, beyond “changing business circumstances.” While Millennium Print Group does not offer exact employment numbers, they state they have between 1000 and 5000 current employees on their LinkedIn page - meaning that cutting 800 positions is no small percentage. The company recently opened a new facility in The Netherlands, and The Pokémon Company reports major increases in the number of cards printed in the last few years, so the layoffs come as an unusual event amongst considerable expansion.
- Sources
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