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Older NewsHasbro Inc. has laid off about 125 workers, mostly in Rhode Island, as the nation"s No. 2 toy maker concentrates on new toy technologies. "The cuts in the toys, games, international and corporate divisions will give the company more flexibility in developing new products", Hasbro spokesman Wayne Charness said on Wednesday. About 90 people lost their jobs in Rhode Island, where the company is based.

Hasbro employed 6,900 people worldwide as of the end of 2003. The cuts come after years of restructuring at the company.
Both the toy industry and toy stores are struggling as children abandon traditional toys and games at an earlier age and video games bite into sales of dolls, trucks and other mainstays. Sales of traditional toys have fallen for three straight years.

Hasbro shares slipped 6 cents, or 0.3 percent, to close at $18.25 on the New York Stock Exchange

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Category: Older News | Submitted by: quartz - on: Friday, 10th December 2004 at 09:25:57 GMT | Share: | Discuss: Read on

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Transformers Toy Galleries
Grapple Grapple
Click the link or image above to view the Grapple toy gallery. The gallery contains 11 images of this figure for your viewing pleasure.
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About Transformers At The Moon - www.transformertoys.co.uk
Transformers At The Moon is a fan created website regarding those Robots In Disguise from Hasbro Inc and TakaraTomy better known as The Transformers. This website was established in October 1999 and has been running ever since.

You can use Transformers At The Moon for such things as transformers toys,transformers figures,transformers movie,optimus prime,megatron,bumblebee,unicron,transformers cartoon,transformers comics

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