Hasbro reviews

I was one of the thousands of employees let go during the holiday layoffs of 2023. Truly, that's all you need to know - this company was willing (or forced) to cut 20% of its staff just before the holidays and preserve millions in bonuses for C-level execs. Whether it was due to unfathomable corporate cruelty, the dire state of their business, or both, it doesn't really matter. The point is that this is the type of company Hasbro is these days, and you should run screaming unless you're desperate or a glutton for punishment. Hasbro currently suffers from a lack of innovation throughout its toy line, mirrored in its dismal sales results. Their only answer is stringent cost-cutting, meaning even less money for toy development, marketing, personnel, etc. Hasbro may not be able to spend their way out of this situation, but cost-cutting isn't going to save them either. No one is happy, and most people are doing three different jobs. I've never encountered worse morale or more doom and gloom in my career. The soul of Hasbro is gone, crushed by ineffective leadership that cares more about managing the stock price than actually delivering quality products to kids and collectors.

Currently undergoing second round of layoffs globally, in the same year. Bottom line is, we will keep cutting until we become profitable. But do not see any impact to CEO salary, just cutting 2000 jobs. Not enough innovation, leadership at global level are US-focused only and C-Suite has had an overhaul in past year so directions keep changing and are not shared-well companywide, strange buzzwords for strategy shared every townhall when a new C-level exec joins so none of it is internalised, resulting in siloed functions and a lack of cohesiveness in how we work. We spend a lot of time following up and chasing after ourselves. There are no good systems and also centralised data is also missing. Everything is on excel in Asia. Not the most inspiring work nor company. Salary is just ok but not commiserate to how many hours we work.