Hasbro toy display
Hasbro is cutting around 20% of its workforce, its CEO announced. The company is facing continued slow sales even into the toy-heavy holiday season, he said.
  • Hasbro is cutting about 1,110 jobs, its CEO said Monday. That's on top of 800 earlier this year.
  • This year, layoffs have expanded beyond tech, media, and finance with retail companies also cutting.
  • See the full list of layoffs so far in 2023.

Layoffs have remained an unfortunate reality of 2023, continuing pace with the cuts made at dozens of companies toward the end of last year.