Hasbro Tightens Belt… Again

Your favorite toy giant and mine, Hasbro, has announced additional layoffs of 100 more employees. This is in addition to the 750 employees they already laid off in December of last year. According to CEO Alan G. Hassenfeld, “We don’t want our bottom line dependent on the success of a blockbuster license.” The slowing sales of Furby, Pokemon and Star Wars was sited as the cause for the layoffs. Hasbro’s future emphasis will be on more “reliable” brands such as Tonka, Easy-Bake Oven and Play-Doh.

No word yet on what this might mean for Wizards of the Coast.