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Coverage dated December 10, 2023 to December 11, 2023

Toy maker Hasbro plans to lay off 1,100 employees over low sales

Headline from Deseret News

The toy company will cut 20% of its workforce and close some offices. It let 800 employees go earlier this year.

Deseret News's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Read the reports

Reports & sources

17 articles, oldest first.

  1. Bloomberg

    Hasbro Is Cutting About 1,100 Jobs, Citing Weak Holiday Sales (opens Bloomberg)

    Published

    Bloomberg's feed description

    Hasbro Inc. is cutting close to 20% of its staff, blaming slumping sales of toys and games during the crucial holiday shopping season.

  2. Deseret News

    Toy maker Hasbro plans to lay off 1,100 employees over low sales (opens Deseret News)

    Published

    Deseret News's feed description

    The toy company will cut 20% of its workforce and close some offices. It let 800 employees go earlier this year.

  3. New York Times

    Hasbro to Cut 1,100 Jobs as Weak Toy Sales Persist (opens New York Times)

    Published

    New York Times's feed description

    The announcement that the toymaker was eliminating nearly 17 percent of its work force came during the critical holiday shopping season.

  4. Washington Times

    Hasbro cutting more than 1,000 employees, cites weak holiday sales for toys (opens Washington Times)

    Published

    Washington Times's feed description

    Toy giant Hasbro announced this week that it will lay off 1,100 workers, around 20% of its staff.

  5. The Columbian

    Toy maker Hasbro cuts 1,100 jobs, or 20% of its workforce, prompted by the ongoing malaise in the toy business (opens The Columbian)

    Published

    The Columbian's feed description

    NEW YORK — Toy maker Hasbro said Monday it is cutting about 1,100 jobs, or 20 percent of its workforce, as the malaise in the toy business extends through another holiday shopping season.

  6. FOX 5 New York

    Toy maker Hasbro to cut 1,100 jobs, prompted by ongoing slowdown in sales (opens FOX 5 New York)

    Published

    FOX 5 New York's feed description

    Toy maker Hasbro is cutting about 1,100 jobs, or 20% of its workforce.

  7. FOX Business

    Hasbro cutting 1,100 jobs as toy sales slow (opens FOX Business)

    Published

    FOX Business's feed description

    Hasbro announced it is laying off over 1,000 employees in order to cut costs as it continues to struggle with declining toy sales for consecutive quarters.

  8. Boston

    Hasbro cuts 1,100 jobs, or 20% of its workforce, prompted by the ongoing malaise in the toy business (opens Boston)

    Published

    Boston's feed description

    The nearly century-old Rhode Island-based company, Hasbro, is cutting about 1,100 jobs, or 20% of its workforce.

  9. NBC News

    Hasbro laying off 1,100 workers as weak toy sales persist into holiday season (opens NBC News)

    Published

    NBC News's feed description

    In the company’s most recent quarterly earnings report, Hasbro slashed its already-soft full-year outlook, projecting a 13% to 15% revenue decline for the year.

  10. AL.com

    Hasbro cuts 20% of its workforce as toy sales slump (opens AL.com)

    Published

    AL.com's feed description

    The company said that the reductions are on top of 800 job cuts that have been taken so far in 2023.

  11. New Hampshire Union Leader

    For 900 more Hasbro workers, it's 'Game Over' (opens New Hampshire Union Leader)

    Published

    New Hampshire Union Leader's feed description

    Hasbro said it will cut another 900 jobs globally, nearly a year after the toymaker announced it would reduce 15% of its workforce amid weaker sales.

  12. CBS News

    Hasbro to lay off 1,100 employees, or 20% of its workforce, amid lackluster toy sales (opens CBS News)

    Published

    CBS News's feed description

    The Monopoly maker said tepid demand for its toys and games has continued into the crucial holiday shopping period.

  13. Honolulu Star-Advertiser

    Hasbro cuts 1,100 jobs, or 20% of its workforce (opens Honolulu Star-Advertiser)

    Published

    Honolulu Star-Advertiser's feed description

    NEW YORK >> Toy maker Hasbro said Monday it is cutting about 1,100 jobs, or 20% of its workforce, as the malaise in the toy business extends through another holiday shopping season.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.