Chief Marketing & Digital Officer | Delivering Brand Growth, Digital Transformation & Customer Loyalty Across FMCG, Automotive, Health, Technology and More
Hasbro announced a 20% workforce layoff right before Christmas, representing 1100 jobs being cut. As reported by Ben Glickman in The Wall Street Journal, this round of layoffs are not just corporate numbers but represent real people facing challenges during what should be a joyful time of the year. The declining toy sales leading to these layoffs may reflect a broader trend in the entertainment industry, including a noticeable dip in cinema box office revenue this year. This correlation is worth exploring, as it could reveal underlying shifts in consumer behaviour and market dynamics. Understanding the interconnectedness of various sectors could be key in navigating and adapting to these challenging times. #entertainmentnews #leadership #empathyinbusiness
Digital Marketing and eCommerce | MBA
9moSad. I don't want to make any jokes here