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.
FORT WORTH, TX - NOVEMBER 27: Shoppers Jeri Hull (L) and Karen Brashear (R) wait in line while shopping at Toys'R'Us during the Black Friday sales event on November 27, 2009 in Fort Worth, Texas. Toys'R'Us stores nationwide opened at midnight Thursday, November 26, providing shoppers access to its Black Friday deals five hours earlier than ever before.
Business travel spending in the US and Europe could recover to pre-pandemic levels by late 2024, but 'corporate travel will likely be smaller than it was': Deloitte.
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