Paramount Global and Hasbro are facing significant changes. Paramount is considering layoffs amid talks to sell controlling interest, while Hasbro is cutting 1,100 jobs despite the success of Dungeons & Dragons and other brands. The potential sale of Paramount could reshape the media landscape, putting Hollywood M&A back in the investor spotlight.
Disney's bad decisions are killing off other companies as well. Hasbro toys, who make Disney products like the Star Wars and Marvel brands - is now laying off 1,100 employees. And reported consecutive year-on-year revenue declines of between 10 and 17 percent...
Paramount Studios Isn’t for Sale, but Control of It Is: The Negotiations — and Power Struggle — Explained https://t.co/p4x1lDnZs5 https://t.co/lcZC5En8zx
Dungeons & Dragons, Magic: The Gathering owner Hasbro is laying off 1,100 employees. https://t.co/l7gGRHHc7N https://t.co/9sZpA1ysCd
Paramount Global Mulling 1,000-Plus Layoffs Amid Shari Redstone's Talks to Sell Controlling Interest (Report) https://t.co/4UGHtQtnO3
"Hasbro CEO Chris Cocks announced layoffs for 1,100 workers in a Monday memo to employees, cuts which come in addition to the roughly 800 jobs eliminated earlier this year." https://t.co/ncJOOz1AWE
Hasbro Laying Off Over 1,000 As CEO Calls Market Headwinds “Stronger And More Persistent Than Planned” https://t.co/pDfq7dq4BO
Hasbro to cut 1,100 jobs despite Dungeons & Dragons parent thriving: https://t.co/JHy8uwcEyQ by TechCrunch #infosec #cybersecurity #technology #news
Hasbro to cut 1,100 jobs despite Dungeons & Dragons parent thriving https://t.co/Hk6p31ojoe by @asilbwrites
Hasbro Stock Sinks After Report of New Job Cuts https://t.co/5bd1F4i2D9
Paramount Deal Chatter Puts Hollywood M&A Back in Investor Spotlight https://t.co/wSBVIrGupb
Paramount Stock Extends Gains. Sale Could Reshape Media Landscape. https://t.co/CzJ7CuWfIR