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Hasbro's Layoffs Amid Toy Sales Struggle
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Hasbro, the parent company of Dungeons & Dragons and Transformers, is undergoing significant layoffs due to weak toy sales. Despite the success of Dungeons & Dragons, the company is refocusing its efforts on licensing opportunities, scaling entertainment, and reducing costs. The layoffs aim to position Hasbro for growth in the future, with a focus on modernizing its organization and getting leaner.
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How might Hasbro's layoffs impact the toy market and the popularity of franchises like Dungeons & Dragons?
In what ways might the layoffs reflect broader trends in the global market, such as high inflation and consumer frugality?
What strategies could Hasbro employ to navigate the challenges of weak toy sales and maintain its market position?
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