Hasbro to lay off 900 more employees amid weak toy sales

The job cuts take the total layoffs to 1,900, or 29% of its workforce. — Reuters

NEW YORK: Hasbro says it will cut another 900 jobs globally, nearly a year after the toy-maker announced it would reduce 15% of its workforce amid weak sales.

Hasbro had said in January it would cut about 1,000 full-time positions. On Monday, the company said it had already cut 800 jobs.