Hasbro Lays Off 1,100 Employees Amid Holiday Season

Hasbro's Toy Story: 1,100 Employees Laid Off Amid Holiday Season.

In a surprising turn of events, renowned toy manufacturer Hasbro is laying off approximately 1,100 employees globally due to persistently weak toy sales, casting a grim shadow over the holiday season. This move represents a significant 20% reduction in the company's workforce.

The news comes from multiple reliable sources including AP News, Reuters, CNBC…