Tag: Video game sector

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Hasbro to Cut 1,100 Jobs, Layoffs Amidst Holiday Season Crunch

Hasbro, the game and toy maker, announces 1,100 job cuts just before Christmas amidst challenging market conditions. Layoffs make up nearly one-third of the company's workforce, reflecting the declining toy portfolio. The company aims to focus on video games and invest in growth areas in 2024.

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