Lion Forge has laid off 12 employees as part of a company-wide restructuring, according to ICv2.
"Lion Forge has experienced a tremendous amount of growth over the last three years," read a Lion Forge statement. "While the company remains healthy, we have taken a hard look at how best to focus our efforts for continued success. As part of this process, we have made some difficult decisions, and none more difficult than in the case of personnel."
Originally launched in 2011, Lion Forge has grown in recent years and as of June 2018 employed 55 people - primarily in its St. Louis headquarters. Company President Geoff Gerber departed the company in October.
"We are thankful for the contributions made by everyone within the organization as we have grown from spirited start up to one of the most talked about publishers in graphic literature," the statement continued. "As we move forward, we are working to continue to best position the company for both critical and sales success in a changing market."
The individuals laid off by Lion Forge has not been announced.