Thursday, January 26, 2023

Hasbro warns of weak holiday quarter results, cuts 1,000 jobs

Hasbro warns of weak holiday quarter results, cuts jobs

Hasbro warns of weak holiday quarter results, cuts 15% of its workforce

Game maker Hasbro

Hasbro said Thursday it would eliminate around 1,000 employee positions and warned of weak holiday-quarter results.

Shares of the toy maker fell more than 6% in extended trading.

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