Layoffs | Hasbro cuts 1,100 jobs at Christmas - HR must do more to prevent layoffs in 2024

Hasbro cuts 1,100 jobs at Christmas - HR must do more to prevent layoffs in 2024

Hasbro announced 1,100 job cuts on 11 December 2023, with CEO Chris Cocks citing market headwinds as “stronger and more persistent than planned.”

There is a bitter irony in a toy manufacturer being forced into layoffs just two weeks before Christmas, usually the strongest sales period for such companies.

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