• Hasbro to layoff 10% of its workforce worldwide

      Hasbro, a Pawtucket based toy company says it plans to cut 10 percent of its workforce worldwide and consolidate facilities in an effort to cut expenses.




      The toy maker, famous for Mr. Potato Head, Monopoly, and Nerf said that holiday sales failed to meet expectations.


      The company employees approximately 5,500 people globally and a 10% layoff would mean 550 individuals would lose their jobs. It is unclear how the layoffs will affect Rhode Island workers.


      Wayne Charness, Spokesperson for Hasbro, said the layoffs will take place over the next couple of months. He said the company is simply adjusting the business strategy in line "with certain markets that are declining." He said business is "fundamentally good," and that the company's "strategy is sound."


      The company recently had laid off 170 workers globally in March 2012.
      Buy the hottest collectibles from: BigBadToyStore.com and BriansToys.com.


      Comments 2 Comments
      1. bigbarada's Avatar
        bigbarada -
        Well, Hasbro, I've got a couple hundred bucks in my bank account that would have been yours if your product had actually made it out to the retail stores. Oh well, your loss.
      1. JediTricks's Avatar
        JediTricks -
        Quote Originally Posted by bigbarada View Post
        Well, Hasbro, I've got a couple hundred bucks in my bank account that would have been yours if your product had actually made it out to the retail stores. Oh well, your loss.
        Unfortunately, as SW fans it's our loss too as it negatively affects the future of the line. Once again, Episode I damages Hasbro.
    • Recent Forum Posts

      OC47151

      Reading!

      Had to go on an overnight business trip so I tossed Tales from the New Republic in the carryon bag. I cherry-picked the stories and read about six of

      OC47151 2 Hours Ago Go to last post
      OC47151

      Our local SW events/gatherings

      That would be fun.

      OC47151 2 Hours Ago Go to last post
      Darth Carlos

      The Force Awakens Micro Machines!!!

      New 3 pks available on Hasbro website!!

      Here's a link:

      http://www.hasbrotoyshop.com/SearchD...ce:&pageSize:&

      Darth Carlos 6 Hours Ago Go to last post
      JEDIpartner

      What's everyone having for lunch today?

      Oven-roasted turkey and Gouda on an onion roll and some cherries.

      JEDIpartner 9 Hours Ago Go to last post
      Tycho

      Would you like Star Wars figures of famous bands?

      Boy Gungan & the Kanja Club

      Tycho 22 Hours Ago Go to last post
      Tycho

      Would you like Star Wars figures of famous bands?

      How about:

      Guns & Rodians?

      Def Lobot?

      The Spiced Gotals?

      Brittany Skrilling?

      Tycho 22 Hours Ago Go to last post
      Tycho

      No Clone Wars forum? Who wishes more?

      I still want more Clone Wars figures in the animated Style. I hope Hasbro will make these 3 3/4 inch figures.

      Riff Tamsin
      Chancellor

      Tycho 1 Day Ago Go to last post
      Tycho

      Stupid movie ideas

      I propose Brittany, Miley, and Madonna are cast in a musical remake of The Golden Girls.

      Still taking suggestions for a 4th cast member.

      Tycho 1 Day Ago Go to last post
      Tycho

      Star Trek Beyond: the one where Kirk wears a leg holster and Star Lord's costume

      This movie is almost out and I cringe at thinking how bad it might be.

      Here is to hoping it is at least better then how awful I'm expecting

      Tycho 1 Day Ago Go to last post
      Tycho

      What have you watched recently?

      I liked Open Range, though it is slow bike comparisons do something like Tombstone.

      I want to see The Jungle Book. My mom read that to me

      Tycho 1 Day Ago Go to last post
    Single Sign On provided by vBSSO