People walk past the Beyblade Burst Speedstorm, by Hasbro, Inc., on display in the FAO Schwarz toy store in Manhattan, New York City, U.S., November 24, 2021. REUTERS/Andrew Kelly/File Photo
Hasbro (HAS.O) said on Monday it would cut about 900 more jobs, as the toymaker struggles with weaker toy sales.
The maker of Transformers action figures, the Dungeons & Dragons fantasy game and Monopoly said it expected layoffs to be substantially completed over the next 18 to 24 months.
Shares of the company were down more than 4% in extended trading.
Reporting by Granth Vanaik in Bengaluru; Editing by Maju Samuel
