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

Giant toymaker Hasbro is laying off 1,100 employees, following 800 staff cuts announced earlier this year, as CEO Chris Cocks cited a tough business climate that’s been slow to recover. That’s about 20% of the company’s global workforce. “The market headwinds we anticipated have proven to be stronger and more persistent than planned. While we’re confident […]

from Deadline https://ift.tt/gzefIay

Comments

Popular posts from this blog

Blumhouse is Making a ‘Fantasy Island’ Movie

The 14 Most Dangerous Mission: Impossible Stunts, Ranked Worst To Best

‘Take Me Out’ Broadway Review: Jesse Williams, Jesse Tyler Ferguson & Patrick J. Adams Pitch A Perfect Game