Hasbro laying off 1,000 employees amid cost-savings push
The company well-known for Monopoly, Play-Doh, and My Little Pony toys says the layoffs are 15% of its global full-time workforce.
Stay updated with breaking news from Eric Nyman. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The company well-known for Monopoly, Play-Doh, and My Little Pony toys says the layoffs are 15% of its global full-time workforce.
Toymaker Hasbro said Thursday it is cutting about 1,000 jobs as part of moves announced last year to save up to $300 million annually by 2025.
Retail industry news, voices and jobs. Optimized for your mobile phone.
Pawtucket-based Hasbro, Inc., says it will lay off 1,000 employees, about 15% of its global workforce, after a drop in revenue in the fourth quarter of 2022.
The company well-known for Monopoly, Play-Doh, and My Little Pony toys says the layoffs are 15% of its global full-time workforce.