Hasbro facing ?difficult changes?; potential for layoffs and investor lawsuit
 

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Several outlets including the Providence Journal and WPRI are reporting that Hasbro may be in a tough position. According to a press release from Hasbro’s*Julie Duffy, Hasbro is engaged in an ongoing process of transformation involving “meaningful organisational changes”, some of which are said to be “difficult” and may have an affect on a single digit percentage of Hasbro’s 5,000 employees (i.e. between 50 and 499 individuals).* This news has led to many speculating that “difficult changes” affecting this proportion of employees means layoffs, although even this small proportion of layoffs would likely trigger a requirement to file » Continue Reading.

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