Posted by Dustin on March 10, 2012 at 07:30 AM CST
"(Reuters) - Hasbro Inc (HAS.O) is cutting about 170 jobs as the second-largest U.S. toy company tries to recover from sluggish sales during the holiday season.

Eighty-two percent, or 140, of the job cuts are in the United States, according to company spokesman Wayne Charness, including "about 55" in Rhode Island where Hasbro is based.

"These moves were made to address both the under-performance in the U.S. and Canada segment, and the need for different skill sets in the company's workforce to be better aligned with a quickly evolving business," Charness said."


Read more here!
Related Articles
July 13, 2012  Another Look At Hasbro's 2012 SDCC Display
June 28, 2012  Hasbro: Toys "R" Us Exclusive Ewok Pack Update
June 12, 2012  Hasbro: A Closer Look At The Trade Federation MTT
May 24, 2012  Hasbro: Unreleased Battle Of Naboo Multipack
February 11, 2012  TF2012: Hasbro Press Release