Hasbro has laid off 3% of its workforce, or around 150 employees. The toy company has been undergoing a turnaround effort, which includes a $1 billion cost-savings objective. “We are aligning ...

Toy seller Hasbro HAS.O has cut 3% of its global workforce in its latest cost-cutting effort amid higher U.S. tariffs on toys from China. The job cuts amount to about 150 employees. According to ...

America’s toy prices could rise later this year, particularly if higher tariffs take effect, Hasbro CEO Chris Cocks told on CNN’s Audie Cornish, host of “The Assignment” podcast.

Toy seller Hasbro has cut 3% of its global workforce in its latest cost-cutting effort amid higher US tariffs on toys from China. The job cuts amount to about 150 employees.

Hasbro said it trimmed its work force by 3%. Photo: thomas white/Reuters Hasbro laid off 3% of its global workforce, which comes as the toy company faces higher costs due to tariffs.

EAST LONGMEADOW – Toymaker Hasbro is stepping up board game production at a manufacturing partner’s plant in East Longmeadow, in part to maneuver around the Trump administration’s tariffs ...

The company’s revenue in the quarter to March 30 was up 17.1% to $887.1 million, compared with the average analyst estimate of $771.2 million, as Hasbro’s turnaround efforts, which have ...