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Hasbro Laying Off Over 1,000 As CEO Calls Market Headwinds “Stronger And More Persistent Than Planned”

by jillg366

December 11, 2023

in Entertainment

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Giant toymaker Hasbro is laying off 1,100 workers, following 800 personnel cuts revealed previously this year, as CEO Chris Cocks mentioned a difficult organization environment that’s been sluggish to recuperate. That’s about 20% of the business’s international labor force. “The market headwinds we prepared for have actually shown to be more powerful and more consistent than prepared. …
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