CPM update

Posted on May 30, 2006 by Brigid Alverson

ICv2 has a statement from John O’Donnell, managing director of CPM:

As our business has been significantly impacted by Musicland’s bankruptcy filing, we are facing tightening sales conditions and are currently focusing on a cost cutting program which will structure the company for future growth without our largest customer. A number of very talented and dedicated employees have unfortunately lost their jobs through no fault of their own. CPM will be happy to assist these fine staff members find employment opportunities, so any company seeking experienced and professional employees are requested to email CPM at HR519@teamcpm.com for further details.

ICv2 adds

A variety of rumors about CPM have been floating around the Internet over the last few days; O’Donnell said that this statement is the extent of what’s accurate.

Got that, everyone?

About Brigid Alverson

Brigid Alverson has been reading comics since she was 4. After earning an MFA in printmaking, she headed to New York to become a famous artist but ended up working with words instead of pictures, first as a book editor and later as a newspaper reporter. She started MangaBlog to keep track of her daughters’ reading habits and now covers manga, comics and graphic novels as a freelancer for School Library Journal, Publishers Weekly Comics Week, Comic Book Resources, the Barnes & Noble Sci-Fi & Fantasy Blog, and Robot 6. She also edits the Good Comics for Kids blog at School Library Journal. Now settled in the outskirts of Boston, Brigid is married to a physicist and has two daughters.
This entry was posted in Mangablog. Bookmark the permalink.