Hasbro's Entertainment One Cutting Staff?

Entertainment news site Deadline is reporting that Hasbro's Entertainment One are planning to cut 10% of their staff in their Film and Television roles. See the quote from President Steve Bertram on the layoffs as follows:

The roles affected by this reorganization represent 10% of our film and television workforce. For employees in impacted roles, we are thinking critically about other possible opportunities across the business.

This appears to be a follow up to Hasbro's earnings call this week, and for better or worse, a common response we see from Hasbro when they are challenged financially. That said, this is unlikely to affect Hasbro's progress on current production iniatives. Read the full article now at DEADLINE

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