Topics regarding layoffs at Hasbro Inc.

Topics regarding layoffs at Hasbro Inc.

More in Q1

Rumor mill running rampant that more layoffs are coming. Not to mention the will they/wont they questions of moving to Boston, forcing a RTO mandate, and ki-ling half day Fridays. Folks running for the door at all levels of the biz, from the... — read more 

Godspeed to all affected

I’m worried for the rest of us as well. We all know that ‘restructuring’ can be a convenient excuse for more layoffs in the near future. They can just spring some needed ‘adjustment’ or some such out of the blue. I’m sorry for all the good peeps... — read more 

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Post ID: @OP+1v9EmSmp

Worried about tomorrow

Stu Y running for the door. Leadership scrambling in the TG side. Conf rooms booked for large stretches in HK. Middle managers being told they "should come into the office tomorrow" Not optimistic.

Hasbro is led by id--ts

BG3 is the best game of the year. It sold so much better than anybody predicted. It gave us nearly $100 million in clean profit, so far. But what did Hasbro's leadership do? They laid off most of the people from Wizards of the Coast who worked on the... — read more 

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Post ID: @OP+1rI8QRdz

Shares downgraded

Analyst Linda Bolton Weiser lowered her rating for Hasbro shares to Neutral from Buy Tuesday and trimmed her price target to $53 from $60. “Signals point to management uncertainty about when the toy business will resume growth,” she wrote in a... — read more 

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Post ID: @OP+1qox8Q5O

Shows the idiocy of the move

Baldur's Gate 3 Studio CEO Comments on Hasbro Layoffs The CEO of Larian Studios comments on the recent Hasbro layoffs when thanking all the people who made the existence of Baldur's Gate 3... — read more 

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Post ID: @OP+1q5aqDf6

CEO Chris Cocks email

Subject: An Update on Our Business     Team,   A year ago, we laid out our strategy to focus on building fewer, bigger, better brands and began the process of transforming Hasbro. Since then, we've had some important wins, like retooling our... — read more 

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| 1161 views | | 5 replies (last December 16, 2023)
Post ID: @OP+1q3OfONc

2023 Layoff Tracker: Hasbro Cuts 1,100 Employees

Toy manufacturer Hasbro will cut 1,100 employees, according to an internal memo released Monday, making it the latest major U.S. company to reduce its head count this year (see Forbes’ layoff tracker from earlier this year... — read more 

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Post ID: @OP+1q22Qijt

Even greater expectations

The expectations of the employees who are still here have been raised once again. I really can't take it anymore, I have to find a new job as soon as possible because health is priceless. What frustrates me the most is that the manager does not... — read more 

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| 1791 views | | 1 reply (April 22, 2023)
Post ID: @OP+1ljPTMlN

This has nothing to do with overhiring

Most of the teams are understaffed so how did they ever over hire? I can attest to this. I've been doing two jobs at once for over a year because we haven't been backfilling positions that desperately need to be backfilled. How is that overhiring?... — read more 

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| 1579 views | | 5 replies (last December 15, 2023)
Post ID: @OP+1l4NE7HL

This is the result of over-hiring

Things were amazing at the start of the pandemic and Hasbro did some major hiring. Now things are coming back down to earth and they realized we have too many employees. My only hope is that they're going to lay off people who were hired more... — read more 

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| 1310 views | | 2 replies (last February 14, 2023)
Post ID: @OP+1kXWQJlY

Layoffs Incoming!

https://toybook.com/hasbro-2022-preliminary-earnings/

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Post ID: @OP+1kTNbdNd

Was Thursday it? or will there be more.

Anyone have any insight? I know there was that stupid video where they were like "such a sad day, we had to can 125 people" but is that all there is? If you survived this week you're okay for the near-term? Or is there another wave expected?

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| 1541 views | | 1 reply (October 7, 2022)
Post ID: @OP+1j5mFvb8

Scope of pending layoffs?

With the company’s new leadership and “strategy” (which includes completely divesting from many brands and trying to sell eOne), the rumor is that layoffs will happen in October around the investor meeting. Does anyone have a sense of how extensive... — read more 

Rumors of layoffs?

I’ve been hearing rumors of layoffs that may be starting this month. Anyone else hear anything?

Strong revenue, earnings growth

I believe you have all seen the results, but here it is anyway: https://finance.yahoo.com/news/hasbro-reports-strong-revenue-operating-113000181.html This leadership is very lucky, that is my personal opinion. They would never admit that these... — read more 

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Post ID: @OP+1fbS8Q4Y

Now it's eOne, what's next?

Entertainment One Lays Off 10% of Film, TV Workforce Amid Streamlining According to a memo from eOne’s head of film and TV, Steve Bertram, the layoffs come amid a move to “evolve the focus and structure of our organization around the world” and... — read more 

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Post ID: @OP+19ll3reL

Again?

Are company wide layoffs happening again?

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| 2240 views | | 2 replies (last January 27, 2020)
Post ID: @OP+13dL0uD0

More coming

From a director here at hasbro.... we were told to help organize for more "reorganization" here in the next couple of months and make our recommendations on cutting my staff. Rounds will be decided in April with cuts coming most likely after gsmm

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| 2420 views | | 2 replies (last February 19, 2019)
Post ID: @OP+XxN6ln4

Severance

What kind of severance will we get wit Hasbro???

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| 1676 views | | no replies yet
Post ID: @OP+W2ht3R9

Hasbro Troubles

Pretty sure that Hasbro’s problems run much deeper than state taxation. They lost over 10% of their business once Toys R Us went under and haven’t been able to make it up. You lose that much in sales and there’s no amount of state penalties or... — read more 

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| 1947 views | | 1 reply (November 8, 2018)
Post ID: @OP+W2pqqgV

We have a number finally

And it's worse that we thought. Ten percent of Hasbro employees comes to between 500 and 600 people, if I'm not mistaken (from what I know, our total employees are somewhere in that range, times ten of course.) With still no additional details on the... — read more 

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| 2511 views | | 3 replies (last October 26, 2018)
Post ID: @OP+VMDzI5a

Buckle up everybody, more layoffs incoming

Hasbro has decided to announce layoffs without giving us any info on how many people will be affected and which areas and locations will be affected. So now we have to wait and stress for days or weeks while waiting to find out if we are safe or not... — read more 

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| 2440 views | | 4 replies (last October 22, 2018)
Post ID: @OP+VHPI3mH

Not as good as it seems

With more and more people in the field turning to us amid layoffs and closings in their own companies, I think it'd be fair to give an honest picture of Hasbro. First of all, this is not a perfect place to work. Yes, there are great advantages like... — read more 

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| 3422 views | | 2 replies (last October 23, 2018)
Post ID: @OP+UkzQvdm

We need top leadership to wake up

Hasbro could be doing much better if top leadership called out managers who are obviously motivated primarily by internal politics and their own goals and ambitions, instead of the success of the company as a whole and the well-being of the... — read more 

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| 1921 views | | no replies yet
Post ID: @OP+UkUy2qT

Changing for the worse

Hasbro has changed in recent years, and not for the better. There used to be a chance to advance based on the merit of your work, but that is hardly the case anymore for anybody except those in high-profile positions. That is now compounded with pay... — read more 

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| 2191 views | | 3 replies (last August 2, 2018)
Post ID: @OP+UkhqnBR

Hasbro to take over Mattel?

Hi folks. I work at Mattel. As you may have heard, our company is a sinking ship. We've heard rumors of Hasbro buying Mattel. Have you heard anything?

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| 4629 views | | 6 replies (last February 23, 2023)
Post ID: @OP+Qe8cNkR

BTW, to further support my previous statemetns

BTW, to further support my previous statemetns. Just search for AP announcements from late Jan and you'll see that there was an announcepent that Hasbro is planning to cut 10% of all workers (globally) - the goal is to cut experses. Now this is... — read more 

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| 2881 views | | no replies yet
Post ID: @OP+od2fb4p

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