hasbro

Hasbro to Cut 900 Positions as Toy Industry Headwinds Continue
Hasbro to Cut 900 Positions as Toy Industry Headwinds Continue
December 11, 2023  |  Retail

Toy company Hasbro will be laying off another 900 people, about a year after saying it would eliminate 1,000 positions from its global workforce. The latest job...

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Hasbro Revamps Games for Cost Efficiency, Including Jenga 
Hasbro Revamps Games for Cost Efficiency, Including Jenga 
October 26, 2023  |  Retail

Hasbro, the toy manufacturer, is echoing Barbie-maker Mattel in cautioning that the upcoming holiday season might be lackluster, reflecting a trend of cautious consumer spending...

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Hasbro to Sell Film and TV Business for $500 Million
Hasbro to Sell Film and TV Business for $500 Million
August 03, 2023  |  Earnings

Hasbro is selling its film and TV business to re-center on toys and games. The company reached a definitive agreement to sell the film and...

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Hasbro Could Roll Dice on AI-Powered Dungeons & Dragons
Hasbro Could Roll Dice on AI-Powered Dungeons & Dragons
July 30, 2023  |  artificial intelligence

Would you play an AI-powered version of Dungeons & Dragons? That tabletop game’s publisher, Hasbro, is apparently getting deeper into artificial intelligence (AI) thanks to...

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Hasbro Sees Revenues Drop 14%, Works to Clear Inventory
Hasbro Sees Revenues Drop 14%, Works to Clear Inventory
April 27, 2023  |  Retail

Hasbro is finding that demand for toys is down, while digital gaming remains strong. Overall, the branded entertainment company saw revenues decline 14% year over...

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Hasbro Plays With ‘Fewer, Bigger, Better’ Strategy Amid Bite of Lingering Inflation
Hasbro Plays With ‘Fewer, Bigger, Better’ Strategy Amid Bite of Lingering Inflation
February 16, 2023  |  Retail

The largest U.S. toy and game maker said it expects lingering impacts from inflation to dampen consumer spending for most of the year but is...

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Hasbro’s Weak Holiday Sales Trigger 15% Headcount Cut
Hasbro’s Weak Holiday Sales Trigger 15% Headcount Cut
January 27, 2023  |  Retail

Hasbro is cutting 15% of its workforce after seeing a 17% year-over-year drop in revenue. The branded entertainment company will eliminate 1,000 positions worldwide this...

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Hasbro Sees Increasing Consumer Price Sensitivity and Reliance on Promotion
Hasbro Sees Increasing Consumer Price Sensitivity and Reliance on Promotion
October 18, 2022  |  Retail

For a business that’s been selling toys and games for 99 years, Rhode Island-based Hasbro — which now calls itself a “branded entertainment” company — is...

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Toymakers See New Opportunity to Sell to Grown-up Kids
Toymakers See New Opportunity to Sell to Grown-up Kids
October 10, 2022  |  Retail

At an eCommerce portal geared toward adults, toy maker Hasbro offers items such as a $350 model of a spaceship from Star Wars. Habro Pulse...

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