Anime and manga producer Central Park Media has cut a substantial number of jobs. A statement we received from CPM managing director John O'Donnell read as follows:
'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 [email protected] for further details.'
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.