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 Post subject: Hasbro Lays off 1100 employees
PostPosted: Tue Dec 12, 2023 2:23 am 
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Joined: Tue Jun 26, 2007 10:19 am
Location: IL
https://abcnews.go.com/Business/wireStory/hasbro-cuts-1100-jobs-20-workforce-prompted-ongoing-105567259

and the one that needs to go is still there :shifty:


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 Post subject: Re: Hasbro Lays off 1100 employees
PostPosted: Tue Dec 12, 2023 7:06 am 
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Joined: Wed Sep 05, 2007 10:58 am
Location: Montreal, Canada
Pretty awful news and so near the Holidays too. It's pretty terrible when workers lose their jobs because of poor management who will remain employed...
Just this year it seem like they had many big public failures.
It's clear that the company has been struggling with its own identity for a while. They tried the entertainment business and failed, they tried the collector business, but there's a limit to how much Gen-X and older millenials can buy.

Maybe they should launch an Epic Heroes GI Joe line. It worked for Marvel and we'll see what it'll do for Star Wars sales though the basic articulations is still a head scratcher.

_________________
Chief - "Swivel elbows are a must. I don't trust any toy company that doesn't believe in swivel elbows."


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