The firm says it has decided to combine the roles of managing director and sales director into one, blaming a challenging trading environment in the UK and the negative impact of the Sterling exchange rate.
"Business development of Jumbo Games is well on track, demonstrating sound growth in our focus areas," said the statement.
Jumbo has signed a deal to produce games and puzzles based on Horrid Henry.
Gray Richmond is taking charge of Jumbo Games, as part of the firm's restructuring.
Jumbo has signed up with a new distributor in Scotland for its games and puzzles range.
Jumbo has launched two new microsites to back up its Wasgij and electronic ranges.
Company introduces Jo Jo, an infant electronic range and the Grow with Jumbo generic puzzle range.
Jumbo has boosted its product portfolio with the acquisition of Dutch firm King International for an undisclosed sum.
The Copyrights Group is one of the licensing arms within The Vivendi Group. Acquired by Vivendi in 2016 Copyrights manages the licensing for a portfolio of properties to include Paddington Bear. Some of the other companies within the Vivendi Group include Universal Music Group, and their licensing arm Bravado, Gameloft and Studiocanal to name a few.