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Hasbro to cut 170 jobs

Toy giant Hasbro will cut 170 jobs. Reuters recently reported that Wayne Charness, a spokesperson for Hasbro confirmed that 140 of the redundancies will be in the US, with around 55 in Rhode Island.

Charness went on to explain that each of the employees affected will get competitive severance packages, including outplacement services.

(Source: ToyNews)