Hasbro to Cut 10% of Workforce

frenzyrumble · 01-25-2013, 03:13 PM

Sad news...

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Psycho Grimlock · 01-25-2013, 03:17 PM

For everyone here who is pissed about hollow figures, here it is:

Quote:

Hasbro said its cost-cutting moves should begin delivering savings this year, with full recognition in 2015.

Shin-Gouki · 01-25-2013, 03:18 PM

Quote:

We had a number of strong product initiatives, but consumer demand through much of the holiday season was less than anticipated in both the U. S. and certain international markets.

Well let's see, No GI Joe to be found and the ones that could be found were either at a Dollar Store, or made like they should be sold at a Dollar Store (Retaliation). Then you Shrink Transformers, use substandard plastics, less plastic and less paint apps and then jack up the prices 50%.

And you wonder why sales are off. FU Goldner.

Shin-Gouki · 01-25-2013, 03:19 PM

Quote:

Originally Posted by Psycho Grimlock

For everyone here who is pissed about hollow figures, here it is:

Quote:

Hasbro said its cost-cutting moves should begin delivering savings this year, with full recognition in 2015.

No it won't it will result in even lower sales. Lees people will buy a product if quality goes down.

frenzyrumble · 01-25-2013, 03:20 PM

I don't think it's really that way... I think cheaper made figures are the result of sales declining, not the cause. Like said in article, it's likely gonna get worse.

Shin-Gouki · 01-25-2013, 03:21 PM

Quote:

Originally Posted by frenzyrumble

I don't think it's really that way... I think cheaper made figures are the result of sales declining, not the cause. Like said in article, it's likely gonna get worse.

It's the cause and the effect. It's the snake eating it's own tail. It may get worse, but then again so will sales.

daitarn red · 01-25-2013, 03:24 PM

hasbro is stinking rats

citoria · 01-25-2013, 03:26 PM

Good luck Hasbro.

You lower the quality of your products, and as a result sell less to the consumer.

Perhaps this is time to reflect.

Wreck n rule · 01-25-2013, 03:28 PM

Hmm.

I suppose it would be considered in bad taste if I made a crack about maybe getting my toys for cheaper now?

... Kinda answered my own question there, didn't I?

frenzyrumble · 01-25-2013, 03:30 PM

Hasbro isn't just TFs. We know TFs have been good bread and butter for them since TFTM, but the toy industry is tricky and trendy.

01-25-2013, 03:13 PM	#1
frenzyrumble Banned Join Date: Jun 2007 Posts: 8,663 Location: www.frenzyrumble.com Collection Count: 300 News Credits: 52	Hasbro to Cut 10% of Workforce Sad news... [Links are hidden for guests. Please Register.]

01-25-2013, 03:24 PM	#7
daitarn red bionic hero Join Date: Aug 2004 Posts: 4,519 Location: somonauk ill Collection Count: 2 optimus prime toys and primus	hasbro is stinking rats daitarn red

01-25-2013, 03:20 PM	#5
frenzyrumble Banned Join Date: Jun 2007 Posts: 8,663 Location: www.frenzyrumble.com Collection Count: 300 News Credits: 52	I don't think it's really that way... I think cheaper made figures are the result of sales declining, not the cause. Like said in article, it's likely gonna get worse.

01-25-2013, 03:26 PM	#8
citoria Lord Dragon Master Join Date: May 2007 Posts: 652 Collection Count: too many..far too many..	Good luck Hasbro. You lower the quality of your products, and as a result sell less to the consumer. Perhaps this is time to reflect.

01-25-2013, 03:30 PM	#10
frenzyrumble Banned Join Date: Jun 2007 Posts: 8,663 Location: www.frenzyrumble.com Collection Count: 300 News Credits: 52	Hasbro isn't just TFs. We know TFs have been good bread and butter for them since TFTM, but the toy industry is tricky and trendy.