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Thread: Hasbro May Layoff Some Workers
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Old 10-18-2018, 11:01 PM   #23
joefan76
Join Date: Oct 2011
Posts: 539
Quote:
Originally Posted by Snowflakian View Post
Welcome to why I post less and my aspirin bills went up.
How people make up the randomest crap and take it as fact or try to argue in the face of all logic and literal real statistics and data is mind-numbingly annoying. Stoners make more sense. Some days, I actively feel like my IQ is dropping from reading some of the nonsensical things people come up with, and it's seemingly getting worse each passing week.

Like this points out, without filing a WARN, this sounds like it's merely a reshuffling of employees, with potentially new branches and figuring who goes where or what, and what redundancies need to be removed.

The lawsuit I'm not worried about, as it seems completely panic driven and has no factual basis. More business ambulance chaser than anything trying to convince people of negative things than anything that actually is.

And the potential layoffs seem more like a restructuring because of how Hasbro has a lot of side subsidiaries right now and increased employee loads for the entertainment arms. Adding in some department redundancies and figuring out the new licenses and brand futures, and it's really nothing that different than any other business having growing pains and evolving in a new market climate.
Well said every company goes through periods like this once it hits the maturity stage of the business life cycle. To ensure long term growths companies have to look at what is working and what is not and how to adjust what is not working in order see if that division, product, idea can be made profitable or if it needs to be discarded and replaced by anothe that is more profitable. I know we all joke and fake complain that Hasbro doesnt do this for us hates this scale or what ever and they like these fans better than these fans, but the reality is at the end of the day the only people that the Hasbro leadership are accountable Toni’s it’s board and it’s stockholders who expect a profitable return on the money that they have invested in the company.
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