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Hasbro to lay off workers
Hasbro to lay off workers as it contemplates move to Boston
Hasbro, known for brands such as Monopoly, Dungeons & Dragons, Play-Doh, and Mr. Potato Head, is laying off close to 100 employees.
Hasbro will lay off RI workers, make new HQ announcement early next year. What we know.
As Hasbro released its third quarter earnings on Thursday morning, executives said plans to move its headquarters from Pawtucket will be announced within the first three months of next year. Hasbro also announced layoffs are coming for fewer than 50 Rhode Island jobs.
Hasbro to lay off dozens of employees as it considers potential move to Boston
Hasbro, one of the world’s best known toy companies, is preparing to lay off dozens of employees as they consider a potential move to Boston. A company spokesperson says fewer than 100 employees are being let go as part of a restructuring plan announced earlier this week.
1d
Hasbro Sales Down 15%, Profits Up As Turnaround Challenge Continues
The toy maker continues to have growing pains related to its multiyear turnaround plan, which involves shedding less ...
16h
on MSN
Hasbro employee laid off after 25 years reflects on remarkable career
John Warden worked for Hasbro for more than 25 years, designing toys for popular franchise brands like Transformers, G.I. Joe ...
1h
Analysts See Hasbro's Mixed Q3 As Pathway To Growth: Cost Cuts, Gaming, And Product Innovation In Focus
Hasbro rerated by analysts after mixed quarterly print. JPMorgan maintains Overweight with a price forecast of $79, BofA Securities maintains Buy with $95 price target.
3h
Hasbro’s Strong Profitability Potential and Growth Prospects Amidst Market Overreaction
Analyst Megan Alexander from Morgan Stanley maintained a Buy rating on Hasbro (HAS – Research Report) and increased the price target to ...
17h
on MSN
Hasbro sees 15% revenue drop, could move out of RI by mid-2026
Hasbro, the toymaking and entertainment giant that's called Rhode Island home for more than a century, could move out of ...
1d
Hasbro's cost-saving efforts drive profit beat even as toy sales drag
Hasbro's cost-saving efforts helped the Monopoly owner surpass Wall Street estimates for profit in the third quarter, despite ...
3h
Hasbro price target lowered to $79 from $82 at JPMorgan
JPMorgan lowered the firm’s price target on Hasbro (HAS) to $79 from $82 and keeps an Overweight rating on the shares. The company ...
23h
on MSN
Could Hasbro be leaving Rhode Island after a century? Company promises 'location strategy' announcement
If the company leaves Rhode Island, where it was founded a century ago, could it join LEGO in moving to Boston?
1d
on MSN
Mattel, Hasbro lower guidance ahead of holiday season
Toy giants Mattel and Hasbro decreased 2024 guidance prior to the holiday season as toy sales continue to fall during the ...
1d
on MSN
Hasbro’s third-quarter profit beats expectations, but its stock slips
Hasbro Inc.’s stock is down 2.1% in premarket trades after the toy maker’s third-quarter profit beat expectations, fueled by ...
The Motley Fool
1d
Hasbro: EPS Improvement, Revenue Drop
Hasbro
reported a 15% year-over-year revenue decline, with $1,281.3 million for the quarter ended September 2024. Adjusted ...
2h
Iconic toy company to lay off dozens of employees, eyes relocation to Mass.
Hasbro’s year-to-date revenue declined by 18%, which the company says is primarily driven by the sale of its eOne Film and TV ...
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