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Rhode Island-Based Toymaker Hasbro Laying Off 1,000 Employees
Toymaker Hasbro said Thursday it is cutting about 1,000 jobs as part of moves announced last year to save up to $300 million annually by 2025. The nearly century-old Rhode Island-based company behind Monopoly, Play-Doh and My Little Pony toys said the layoffs amount to 15% of its global full-time workforce. Eric Nyman, president and chief operating officer, is also…