Upper Deck issued the following statement in response to questions concerning workforce layoffs, the percentage of workforce affected, the status of the entertainment division, and the future of the company’s Marvel program.
Upper Deck’s statement:
“With the recent changes to Upper Deck’s business, Upper Deck is in the process of reorganizing the Company’s structure. The new organizational structure will make Upper Deck more efficient and better positioned going forward. For competitive reasons the Company does not share publicly its internal organizational structure. Upper Deck’s entertainment division is not being 'shut down.' Upper Deck has several upcoming entertainment releases and the Company expects to remain in the entertainment category.”