Francesco Francavilla’s Us poster. | Image: Francesco Francavilla / Mondo
It wasn’t a good sign when Funko announced earlier this month 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 ...
