NEWS

Redundancies on the cards at Hasbro

Published on: 18th October 2018

A statement released on Wednesday didn’t say how many people will lose their jobs or where the cuts will be made.

The toy company said the layoffs will impact “a single digit percentage” of the company’s global workforce.

Hasbro emailed a statement to NBC 10 News, which read: “As part of Hasbro’s ongoing transformation we continue to make meaningful organisational changes. While some of these changes are difficult, we must ensure we have the right teams in place with the right capabilities to lead the company into the future. We continue to add new capabilities based on our understanding of the consumer and how our retailers are going to market, while evolving the way we organise our business across our Brand Blueprint.”

 

RECENT ARTICLES

Character Options’ Little Live Pets set for success this autumn/winter

Obituary: Michael Nunn

Britains partners with Rural Life Living Museum to mark centenary

Exclusive: IETP’s Sarah Ng on the most trusted responsible sourcing programme for toys

Senior Warner Bros. Consumer Products execs to kick off opening keynote at Licensing Expo Virtual 2021

Silvergate’s Octonauts attraction opens at Sea Life centres

Spielwarenmesse to offer digital platform alongside live 2022 event

Friday Blog

When the ship hits the fan…it’s the Friday Blog!

Andrew Laughton completes 110km walk in aid of the Toy Trust and Fence Club

Amazon

Amazon blames social media for fake reviews