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Hasbro to reduce workforce in new round of layoffs

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Hasbro Inc. announced plans to cut less than 10 percent of its workforce.

A spokeswoman with the Monopoly, Nerf gun and Disney Princess doll maker cited "organizational changes" that would impact a "single-digit percentage" of its global workforce.

The company employs more than 5,000 people, about half of which are in the United States.

Read more from The Wall Street Journal.

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