PROVIDENCE, R.I. — While not explicitly confirming that layoffs were taking place Wednesday, Hasbro Inc. said that “difficult” changes are underway that affect “a single-digit percentage” of the toy company’s global workforce of 5,000 employees.
The company refused several requests for further specifics on the number of layoffs that are apparently taking place, except to say that the company was not required to file a federal Worker Adjustment and Retraining Notification — or WARN — notice. Such a notice would normally be required 60 days in advance of laying off 50 to 499 employees at a “single site of employment,” but only if those laid off account for a third or more of the employees. (more….)
Special thanks to JTA reader JACKOFTRADZE for alerting us to this news.
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