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Hasbro warns of weak holiday quarter results, cuts 15% of its workforce

Por: CNBC Business January 27, 2023

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In this articleGame maker HasbroJustin Sullivan Getty Images said Thursday it would eliminate around 1,000 employee positions and warned of weak holiday-quarter results.Shares of the toy maker fell more than 6% in extended trading.Despite strong growth in Wizards of the Coast and Digital Gaming, Hasbro Pulse, and our licensing business, our Consumer Products business underperformed in the fourth quarter against the backdrop of a challenging... + full article



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