Hasbro Cuts 3% of Workforce Amid Tariff Increases
SOURCENews reportView the filing ↗
What we know
Based on news reporting.
Summary
Hasbro, Inc., the maker of Monopoly, has announced a reduction of 3% of its total workforce due to increased tariff costs. This decision affects approximately 300 employees as the company seeks to manage the financial impact of rising tariffs. The layoffs are part of a broader strategy to streamline operations and maintain profitability in a challenging economic environment. While specific locations and departments affected were not disclosed, the move reflects ongoing pressures within the toy industry. Hasbro's management has indicated that these cuts are necessary to adapt to the current market conditions.
LayoffTalk has tracked 5 layoff events at Hasbro, Inc. since June 2025, with 5 additional events known from news reporting.
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