Hasbro rises after report of 3% workforce reduction
ReutersJun 17, 2025 10:05 PM
Shares of toymaker Hasbro HAS.O rise 2.3% to $69.1 in extended trading
The company has cut 3% of its global workforce in a bid to cut costs amid higher tariffs, the Wall Street Journal reported
The job cuts are part of the latest round of a multi-year restructuring at the maker of Monopoly board games and Nerf blasters, the report said
Hasbro did not immediately respond to Reuters request for comment
Up to last close, stock had risen 20.7% YTD
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