Unfortunately, vast barriers--such as long-term leases on real estate--limited the company's ability to adapt to the changing business climate, and in 1997 Witmark liquidated its assets and laid off its 700 + employees.
Unfortunately, vast barriers--such as long-term leases on real estate--limited the company's ability to adapt to the changing business climate. The following year, Witmark liquidated its assets and laid off its 700 + employees.