Hasbro Inc HAS.O said on Thursday it would eliminate about 1,000 positions from its global workforce this year, or about 15% of full-time employees, as the toymaker looks to cut costs in a tough ...

Rival Mattel Inc (MAT.O) also slipped about 2%. Hasbro said the job cuts would start to take effect within the next several weeks, adding that the reductions were "necessary to return our business ...

Hasbro will “focus on fewer, bigger brands; gaming; digital; and our rapidly growing direct to consumer and licensing businesses,” Cocks said. As part of the job cuts, Hasbro President and COO Eric ...

PAWTUCKET, R.I. — 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 ...

job cuts have affected several industries — from media to Wall Street to the crypto world — in recent months. Recently, the growing list has included companies such as FedEx, Hasbro and ...

Hasbro said it will cut around 1,000 jobs, with announcements coming over the next few weeks, including the departure of COO Eric Nyman. The Monopoly and Play-Dough maker also said fourth ...

Shares of rival Mattel Inc also slipped about 2%. Hasbro said the job cuts would start to take effect within the next several weeks, adding the reductions were "necessary to return our business to a ...

Toymaker Hasbro said Thursday, Jan. 26, 2023, that it is cutting about 1,000 jobs as part of moves announced last year to save up to $300 million annually by 2025. (AP Photo/Richard Drew, File ...