In a move designed to address the underperformance of its U.S. and Canada segments, Hasbro, the nation’s second largest toymaker, announced that it was cutting its workforce by 170 with the majority of the cuts coming from the company’s North American workforce. The cuts amount to a small percentage of the company’s global workforce of 5,900. Fifty-five of the layoffs were in Rhode Island where Hasbro is headquartered and according to the WPRI.com, employs 1400. Two decades ago in 1993 Hasbro employed 12,500 worldwide, with 8,000 in the U.S. alone. Whether this round of layoffs will touch Wizards of the Coast is not known at this time.
Effect on WotC Unclear
Posted by ICv2 on March 6, 2012 @ 8:05 pm CT
MORE NEWS
Plus: Mothra Gets First Solo Series
November 22, 2024
IDW Publishing will launch the first-ever Mothra series in 2025.
'Death Korps of Krieg,' Also, New 'Astra Militarium Codex'
November 22, 2024
Games Workshop unveiled Death Korps of Krieg boxed set, for Warhammer 40,000.
MORE GAMES
First Graphic Novel Coming in Mid-2025
November 22, 2024
The first graphic novel adaptation is slated for release in mid-2025.
New Premium Figure
November 22, 2024
WizKids will release Adult Red Dragon Tyrant, a new premium figure for D&D Icons of the Realms, into retail.