Tabletop and gaming giant Hasbro has laid off around 3% of its employees, which amounts to about 150 jobs lost from the company.
That's according to a report by the Wall Street Journal, which cites a Hasbro spokesperson as saying the layoffs are due to the firm "aligning [its] structure with [its] long-term goals". The Journal says employees "across departments and regions around the world" were affected by the layoffs.
As the WSJ points out, this is part of a wider restructuring effort at Hasbro, which will see the company attempting to cut around $1 billion from its expenditure over the next couple of years. This initiative also saw over a thousand employees lose their jobs at Hasbro back in December 2023.
Despite the layoffs, Hasbro's numbers haven't been looking too bad recently; towards the close of the last financial year, the company declared that tentpole franchises Dungeons & Dragons and Magic: The Gathering were growing.
Additionally, Hasbro has some big plans for the IPs around which its business is built; throughout 2025, for instance, Monopoly will get itself a brand new box and some major new expansions, so the popularity of what is probably the world's most divisive mainstream board game...
