Hasbro to cut 1,100 jobs despite Dungeons & Dragons thriving
Hasbro is laying off 1,100 employees, according to an SEC filing. The company behind franchises like Dungeons & Dragons and Transformers, Hasbro already laid off 800 employees in January. While some employees will find out about the fate of their jobs on Tuesday, others will be cut in the coming year. By 2025, Hasbro told shareholders, the company hopes to save about $350 million to $400 million in costs.
Hasbro CEO Chris Cocks wrote in a memo to employees — shared within its SEC filing — that he will direct the…