Don't be fooled by Hasbro's PR. CEO says no layoffs due to Covid but Hasbro laid off a bunch of people right before Covid and has regularly done big and small layoffs over the last several years. You are never safe no matter how much you contribute.
Hasbro is always advertising being an ethical company but that is very calculated. The company is unrealistic about revenue and has a conservative board of directors. Theyre always cutting people to keep their shareholders happy. And make SO many unethical staffing decisions. People who should be first to go are saved because of optics, for fear of liability or because they have political ties. Hasbro is so focused on their do gooder image, meanwhile many employees are treated horribly, with no career path and a lack of support from management. Many managers are incompetent or want to help but can't because they are trapped under incompetent or self serving senior managers.
The company is constantly restructuring and changing strategy and many layoffs dictated by senior management who is clueless about what smart, talented employees deliver while others are seriously underperforming. Some departments are given way too much credit and others who pull invisible weight are left out of the loop and slashed. Morale has been miserable for years, I know lots of people looking to leave first chance they get.
The industry has been declining for a while and with the current hit to retail, the culture here will only get worse. Avoid working here if you can.
