Hasbro confirms pending layoffs, reports Q3 profit of $223.2M

PAWTUCKET – Hasbro posted a third-quarter profit of $223.2 million on Thursday, up from a $171 million loss in the same period a year ago, in the wake of the sale of its Entertainment One film and TV business in December. Hasbro Inc. on Thursday also confirmed that it plans to cut about 100 jobs, […]