Hasbro Is The Latest Company To Announce Layoffs During Trump Presidency

Workers at the famous toy company received bad news today.

NBC 10 reports:

“Pawtucket-based Hasbro is planning to lay off workers, but in a statement Wednesday it didn’t say how many people will lose their jobs or where the cuts will be made.

The toy company said the layoffs will impact ‘a single digit percentage’ of the company’s global workforce.

Hasbro emailed a statement to NBC 10 News:

As part of Hasbro’s ongoing transformation we continue to make meaningful organizational changes. While some of these changes are difficult, we must ensure we have the right teams in place with the right capabilities to lead the company into the future. We continue to add new capabilities based on our understanding of the consumer and how our retailers are going to market, while evolving the way we organize our business across our Brand Blueprint.”

For the rest of the story, visit NBC 10 here.

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