Toymaker Hasbro Laying Off More Than 1,000 Workers Just Before Christmas – Is Disney to Blame?
Toy giant Hasbro is laying off more than a thousand workers and closing its office in Providence, Rhode Island.
Why would a toy company be laying off so many workers just before Christmas? Shouldn’t this be a boom time for them? Some people suspect it is directly due to their partnership with Disney, a brand which has become toxic for many Americans in recent years.
People aren’t exactly lining up to buy toys linked to the last Indiana Jones movie or the latest offering of the Marvels, both of which were total duds at the box office.
Axios reports:
Hasbro laying off 1,100 workers as weaker toy sales linger into holiday season
Hasbro is laying off some 1,1000 employees,
