OTHER NEWS - Aug. 17, 1994
- Share via
Hasbro Announces Reorganization, Layoffs: The toy maker said it will merge several divisions in a restructuring that will mean the loss of 100 jobs. The company will merge Playskool, Playskool Baby, Hasbro Toy, Kid Dimension and Kenner into a single unit, U.S. Toy Group. It also said it will no longer use Hasbro as a brand name for toys. All Hasbro toy products, including G.I. Joe and Cabbage Patch Kids, will be marketed under the Kenner or Playskool names, the company said. Hasbro Inc. also owns the Milton Bradley and Parker Bros. toy lines. Hasbro employs about 7,600 people in the United States.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.