Layoffs Coming To Hasbro

10/18/2018 Hasbro

In an email to NBC News 10 this morning Hasbro announced organizational changes. It is unclear how many people will be out of a job soon, but it was mentioned that it will impact a single digit percentage of the company's global workforce. 

"As part of Hasbro’s ongoing transformation we continue to make meaningful organizational 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 organize our business across our Brand Blueprint."

In June, rival toy company Mattel laid off 2,200 workers.