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Manufacturer of Monopoly, Play-Doh and Transformer cuts workforce by almost one-fifth as ‘last resort’
The toymaker behind Monopoly, Play-Doh and Transformers action figures is laying off 1,100 employees as lackluster sales dragged into the holiday trading season.
Hasbro will cut its workforce by almost a fifth, having already cut 800 jobs earlier this year. The group stressed it was taking the decision, announced just two weeks before Christmas, as “a last resort”.
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