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Tags: hasbro | layoff

Hasbro to Lay Off 20% of Workforce

Hasbro to Lay Off 20% of Workforce
(AP)

Monday, 11 December 2023 05:18 PM EST

Hasbro said Monday it would cut about 900 more jobs, as the toymaker struggles with weaker toy sales.

The maker of Transformers action figures, the Dungeons & Dragons fantasy game and Monopoly said it expected layoffs to be substantially completed over the next 18 to 24 months.

Shares of the company were down more than 4% in extended trading.

© 2024 Thomson/Reuters. All rights reserved.


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Hasbro said Monday it would cut about 900 more jobs, as the toymaker struggles with weaker toy sales.
hasbro, layoff
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2023-18-11
Monday, 11 December 2023 05:18 PM
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