• 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

      Bel-Cam Jos

      Possession Arrow! (college basketball start-up)

      Advance about a month: all three of "my" teams are in 2nd- or 3rd-to-last place in their respective conferences. OSU and Pitt have 12 wins and

      Bel-Cam Jos 12 Hours Ago Go to last post
      Bel-Cam Jos

      Should Leia be CG in Episode 9

      As long as it's about the same amount of time (or less) as Tarkin had in R1, I'd say maybe.

      On a side note, does mentioning the film's title

      Bel-Cam Jos 12 Hours Ago Go to last post
      Bel-Cam Jos

      Star Wars: Episode VIII The Last Jedi

      Well, then Episode IX will be "Test Pattern." Or, "Toy Story IV: A New Franchise."

      Bel-Cam Jos 12 Hours Ago Go to last post
      JediTricks

      Pro football? AGAIN?!? Oh yeah!

      Yeah, I'm also rooting for "not the Patriots". "Not the Patriots" is my favorite team!

      I was at brunch yesterday at a

      JediTricks 21 Hours Ago Go to last post
      JediTricks

      Power Play! NHL 13-14 (and beyond?)

      Good, good. Let us know if you go.

      JediTricks 21 Hours Ago Go to last post
      JediTricks

      Star Wars: Episode VIII The Last Jedi

      Super not feeling this for the moment. The movies now go Return of the Jedi, The Force Awakens, The Last Jedi? That's a mixed message at best. Might as

      JediTricks 21 Hours Ago Go to last post
      Maradona

      Star Wars: Episode VIII The Last Jedi

      TLJ. I like it, but wasn't yours was the first TLJ, JJL?

      Maradona 22 Hours Ago Go to last post
      Mr. JabbaJohnL

      Star Wars: Episode VIII The Last Jedi

      StarWars.com revealed the title of Episode VIII, and it's: THE LAST JEDI.

      The poster is in the same style of the first TFA teaser poster,

      Mr. JabbaJohnL 22 Hours Ago Go to last post
      Mr. JabbaJohnL

      Unkar Plutt: Unlikely hero?

      It's also on the 3D Blu-ray. I've only seen the commentary from that set, so I need to pick up the slack.

      Mr. JabbaJohnL 22 Hours Ago Go to last post
      Bel-Cam Jos

      Power Play! NHL 13-14 (and beyond?)

      If the Pens can play all their games at home, they'll breeze to another Cup. Playing on the road? Well... (actually, they're NOT playing too well there).

      Bel-Cam Jos 1 Day Ago Go to last post
    Single Sign On provided by vBSSO