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Hasbro Eliminating Close to 20 Percent of Workforce as Biden Economy Hammers Toy Sales
Breitbart ^
| 12/12/2023
| DAVID NG
Posted on 12/12/2023 8:42:17 AM PST by ChicagoConservative27
Christmas is supposed to be the most wonderful time of year for toy manufacturers. But in Joe Biden’s economy, toy sales are suffering thanks to runaway inflation and other pressures, forcing one of the world’s largest toymakers to deliver lumps of coal to employees just ahead of December 25.
Hasbro said this week that it is eliminating a whopping 1,100 jobs, or close to 20 percent of its workforce. The stunning announcement is on top of the 800 jobs the company slashed earlier this year.
CEO Chris Cocks delivered the bad news in an employee memo filed with the SEC.
Some Hasbro employees will find out if they are goners this week, while others will learn over the course of the next six months, Cocks said in the memo.
(Excerpt) Read more at breitbart.com ...
TOPICS: Business/Economy; Culture/Society; News/Current Events; Your Opinion/Questions
KEYWORDS: biden; eliminating; hasbro; jobs; labor; toys; workforce
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To: Red Badger
No big deal most toys are woke nowadays too.
Buy a deck of cards and teach the brood a couple of games that you can all can sit around the table and play. But... there are some people who consider pasteboards a sin.
I’ve been playing cribbage since I was a young teen with my folks and on board ships etc... and I just don’t consider a counting game a sin. I’m not a gambler though, never took up the habit.
Spades, hearts, rummy, tripoli, canasta, fish, Round up the horses (i.e. 52 pickup), card tricks...
21
posted on
12/12/2023 9:08:19 AM PST
by
Clutch Martin
("The trouble ain't that there is too many fools, but that the lightning ain't distributed right." )
To: Red Badger
Now owned by Hasbro.
I will not be ROOKed. (now owned by Hasbro)
This is the PITs. (now owned by Hasbro)
22
posted on
12/12/2023 9:09:14 AM PST
by
Harmless Teddy Bear
( In a quaint alleyway, they graciously signaled for a vehicle on the main road to lead the way. )
To: Harmless Teddy Bear
I have a few monopoly sets around but the only one that gets played at all is an XP based version I have on an XP laptop that I bought for next to nothing a year and a half or so back.
23
posted on
12/12/2023 9:09:44 AM PST
by
wally_bert
(I cannot be sure for certain, but in my personal opinion I am certain that I am not sure..)
To: ChicagoConservative27
Toys are dead. Kids stare at their phone for fun. The toy business is like the Buggy Whip business in 1962.
24
posted on
12/12/2023 9:10:49 AM PST
by
blackdog
((Z28.310) My dog Sam eats purple flowers.)
To: Harmless Teddy Bear
Don’t get caught in a Mousetrap...........
25
posted on
12/12/2023 9:11:09 AM PST
by
Red Badger
(Homeless veterans camp in the streets while l aliens are put up in hotels.....................)
To: ChicagoConservative27
I hope Hasbro keeps manufacturing the Biden version of Mr. Potato Head. It’s a great tool to teach kids about the stupidity of our current leadership.
26
posted on
12/12/2023 9:11:57 AM PST
by
Leaning Right
(The steal is real.)
To: Harmless Teddy Bear
I've been bummed ever since Hasbro took over Avalon Hill.
-PJ
27
posted on
12/12/2023 9:15:02 AM PST
by
Political Junkie Too
( * LAAP = Left-wing Activist Agitprop Press (formerly known as the MSM))
To: ChicagoConservative27
Word on the street is that Hasbro is losing all their sales to the hot new Lego items this Christmas season:
28
posted on
12/12/2023 9:15:09 AM PST
by
Alberta's Child
(If something in government doesn’t make sense, you can be sure it makes dollars.)
To: Clutch Martin
My grandfather raised me Baptist.
He would not allow a deck of cards or a dice into the house...............
29
posted on
12/12/2023 9:15:40 AM PST
by
Red Badger
(Homeless veterans camp in the streets while l aliens are put up in hotels.....................)
To: ChicagoConservative27
When the Replacement Americans play with a ball in a cup, Hasbro doesn't need employees to oversee importing more complicated games.
A sarcastic look at "Ball in a Cup" game from the 'Family Guy' cartoon:
https://www.youtube.com/watch?v=tkaXJKL38BI
To: Red Badger
Now owned by Hasbro.
But they could be in TROUBLE (now owned by Hasbro).
Which will lead to much AGGRAVATION (now owned by Hasbro).
31
posted on
12/12/2023 9:17:48 AM PST
by
Harmless Teddy Bear
( In a quaint alleyway, they graciously signaled for a vehicle on the main road to lead the way. )
To: Harmless Teddy Bear
Get a CLUE and don’t take a RISK!...........
32
posted on
12/12/2023 9:18:22 AM PST
by
Red Badger
(Homeless veterans camp in the streets while l aliens are put up in hotels.....................)
To: dfwgator
“Bag-O-Glass” a toy for all ages.
33
posted on
12/12/2023 9:19:32 AM PST
by
The Sons of Liberty
(Piss Off a Lib - MAKE AMERICA GREAT AGAIN!)
To: Right Brother
And the prosperity as fruits of his policies. He’s the Grinch who stole Christmas for many.
34
posted on
12/12/2023 9:21:49 AM PST
by
himno hero
(had'nff )
To: Red Badger
My grandfather raised me Baptist. He would not allow a deck of cards or a dice into the house............... Sounds kind of like the preacher daddy in 'Footloose'
35
posted on
12/12/2023 9:22:33 AM PST
by
Magnum44
(...against all enemies, foreign and domestic... )
To: Red Badger
If Hasbro goes down I can not GUESS WHO (now owned by Hasbro) will take their place.
36
posted on
12/12/2023 9:23:31 AM PST
by
Harmless Teddy Bear
( In a quaint alleyway, they graciously signaled for a vehicle on the main road to lead the way. )
To: Harmless Teddy Bear
That’s a TRIVIAL PURSUIT best answered by a OUIJA board................
37
posted on
12/12/2023 9:26:49 AM PST
by
Red Badger
(Homeless veterans camp in the streets while l aliens are put up in hotels.....................)
To: Magnum44
Close. We lived in a very, very rural religious area. Dry county, no beer or alcohol sales at all, can’t bring it in from a wet county. Stores closed at sunset, no night life at all................
38
posted on
12/12/2023 9:30:20 AM PST
by
Red Badger
(Homeless veterans camp in the streets while l aliens are put up in hotels.....................)
To: ChicagoConservative27
39
posted on
12/12/2023 9:30:48 AM PST
by
Paladin2
To: ChicagoConservative27
How’s Mr. Joetato Head sales?
40
posted on
12/12/2023 9:31:13 AM PST
by
Paladin2
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