Cocks at it again. Last year he laid off people right before Xmas... This year he's doing it now apparently. You'd think he would not do that while there are 2 very large pre-sale/crowdfunds going on that would make him millions depending on customer opinion.
What a CEOsucker
>>11210305source?
>>11210329Employees posting on their social media accounts.Last year he laid off people right before Christmas. Dude has no chill.
>>11210305Are we going to have another 2 months of you idiots claiming Has to is going to die again? That was really annoying.
>>11210462Hasbro will go bankrupt.Marvel will go bankrupt.Starwars will go bankrupt.Kathleen Kennedy will be fired.Disney will go bankrupt.WB will buy Marvel.McFarlane will get marvel license.Some random chink company will buy starwars.Mattel will get Starwars license.GI Joe, power rangers, everything else will go to playmates or jakks pacific or spin master.
>>11210511This unironically
>>11210305How is this guy still in charge? It's clear that Blue Print 2.0 has been a disaster.
>>11210544What is blueprint 2.0?
>>11210329
>>11210511>McFarlane will get marvel license.You had me up to that point, Mcfarlane is the biggest dogshit toy maker next to Neca.
>>11210556It was his strategy for he announced after he took over.
>>11210558>25 yearsDon’t worry, he got a nice severance package
>>11210305He looks like Cockmongler lol
>>11210462But why are they doing even more layoffs? And what would possess them to move this guy back to TFs only to lay him off right after?From my POV, as a longtime collector and on-again-off-again retailer, I think maybe they're firing the wrong people. I'm having a difficult time buying Hasbro products at all. Major retailers don't want to stock them and they just drag ass like crazy delivering to specialty shops like BBTS.The new Pulse site is just a dumpster fire. It's slow, difficult to browse because items aren't categorized right, mobile has floating UI elements that cover up half the screen, and it keeps choking on the phone number stored on my account because God forbid it accept any format but 10 digits (just strip the parentheses, spaces, and dashes you retards).Character selection's been pretty weak through Legacy but the price hikes concurrent with corner cutting pushed by the Cocks are salt in the wound.
>>11210694Because Cocks is an idiot that has no sense of leadership. His entire goal is cuts and reward himself. He's basically got his HR team insulating his bonus. This guy has screwed fans, employees, and shareholders.
>>11210743He's also planning to uproot the company again after consolidating to one location. He's eyeballing Boston which may screw more people over that have roots in Rhode Island. I high doubt they're going to want to drive 3 hours and deal with even more traffic.
>>11210694This is a multi billion dollar corp. The people at the top are so completely out of touch with the real problems that is leading to lower sales such as bad site performance, product quality, or distribution issues. They just do the easiest thing to cut spending fast, which is to lay off people. >>11210745I bet if they move, they'll get a nice tax break from MA and if many people quit because they don't want to uproot their families and move to a new state, they'll be able to hire replacements for less than the previous people's salaries
>>11210694They will probably replace the workers with Indians
>>11210767Guaranteed if their next CEO is a Hindu dindu.
>>11210767If you have someone working in the company making successful products it gives them leverage and currency. Laying them off makes it where they can hire someone for less.
>>11210305Does this mean that TVC might get cut soon? I sure hope not
>>11210511I wouldn't be surprised if <horse> goes to Zuru
>>11210305Thing is, all the peeps who got fired last year and now are the people being productive. Not the fief-dom managers who are letting all the brands rot.
>>11210558>>11210641poor Warden, got pulled of transformers after revitalising it into a powerhouse with Siege, only to get yanked off the team halfway through kingdom to salvage the power rangers brand they were mismanaging for years. too late, damage done and there was nothing he could reasonably do that far in. after announcing they'd send him back to transformers, which has been wasting away without any direction or cohesion since he left, they just drop him completely. i'd be real fuckin' mad if i were himbet these three fat, disgusting fucking slugs get to stay onboard though
>>11210511Hasbro might not go bankrupt but this CEO certainly has worn out his welcome with consumers. He's been right there raising prices before most products in general did.Did the Transformer movie not do good in theatres? It was a good movie. I saw it AND Wild Robot. Wild Robot seems more interesting for a kid though. Transformers One is like a love letter to transformer fans and I wouldnt have expected it to do amazing considering its like the 500th reboot. But sure, blame the Transformers toy team? Dude priced kids out of the toy market and then gets mad he's not making money. Parents ARE actively trying to get their kids to play with toys instead of Tablets. We all see the brain rot done by Skibidity Toilet and the like short videos that have decimated attention spans.
>>11210998for the corporation to make a revenue it needs to be able to sell to customers.>Brick-and-mortar retailer barely sell Hasbro anymore>Online stores do not put Hasbro on the forefront>Only 1 ''beyblades'' thing got on the recommended toys to advertise for Q4 for retailersNo money, no company. Simple as.
https://www.abc6.com/laid-off-hasbro-employee-reflects-on-25-years-with-company/But a laid off after 25 years... thats a fucking backstab. Dude should have been offered a super early retirement plan. This is why 401ks are evil as well. Dude will probably have to start over somewhere else.I hope these laid off people will make the boutique companies stronger.
>>11211011Online stores don't put Hasbro first? Large toy retailers plaster Hasbro first.Beyblades are dead like Beanie Babies. Sorry mang.
>>11211017>>11211011Also retail shelves are MOSTLY Hasbro. The main problem with that is Target and Walmart still have staff/hours problem that result in shelves being under-stocked and left in disarray. You know what would help with staffing issues? Immigration policies that would allow the work force to be replenished with workers more willing to take those jobs at offered rates because we as Americans have said "RETAIL WORK SUCKS JUST LIKE WORKING IN FAST FOOD!" Its all give and take.
>>11211027You do that and then Americans are all like DEY TUK UR JOBS. Bitch, you didn't want those jobs anyways.
>>11210348>lay off team diversity woketards who fuck up everything they touch, and only produce massive amounts of landfill shitAm I supposed to feel bad here?
>>11210924That fucking bitch doesn't know shit about what she's selling, and only likes stuff for looking cool. And she's the marketing manager who's their boss and makes an executive salary that only bloats the costs Hasbro passes on to everyone else.
>>11210924Hogs
>>11211027>>11211041fucking crack fiends
>>11211027>workers should work for nothing so shareholders can get rich without workingI don't have to look up ((your)) early life.
>>11210915With all the money China has been pouring into colored horse product they will probably end up buying it and giving it to either Dinosaw or ReeSee.
>>11211171>le this is why we need le communism!You might be surprised to find out (((who))) invented that.
>>11210998Transformers doesn't "reboot" in a traditional manner, it receives new continuitys, prior universes still get new additions and new toys frequently.
>>11210462I don't know that Hasbro is going to die, but it's eating shit hard right now.I just heard about their latest report from a guy into MtG, and I'm trying to find out more
>>11210329John warden got fired, i believe the transforners guys were upset. I can not cite a source but i read his statement this week.
>>11210924Fat ugly jews running your favorite franchise into the dirt
>>11211367Not all the transformers guys for sure. Tfs have been going down in quality for over a decade. Hasbro cost cutting aside, there is no reason for the figures to be a dumpy looking proportionally as they are.
What's his end goal? To just fire employees quarterly from all departments until only Wizards of the Coast remains and make Hasbro exists solely as the holder for a few IP's that they can license off?
>>11210924Lenny is amazing. Emily was amazing, I'm not sure what happened with her. The other dude on far right clearly doesnt have the prepping experience of Emily. But don't blame those that survived the layoff. This is 100% senior executive driven bullshit
>>11211171Me? I worked for Fast Food and Retail then the military. I worked my way up from a poor family. Granted I haven't gone that far up but I'm staring at a few haslabs and my own house and a happy family.Nobody is saying wages cant go up. Movers and shakers are ones that get wages to go up when they band people together. The emergence of HR departments have silenced Union efforts. HR Departments put in by Executive teams like the ones we're talking about. Anyway, Cocks is a jerk who has no problem stepping on people. He is not the family that built Hasbro. He spits in their eyes and ours.
>>11210305Its hasbro.I genuinely do not give a shit. Just look at transformers and how a voyager costs 90 fucking bucks now when just 3-4 years ago they were 40 at most.They've used cheaper factories in Vietnam, use cheaper plastic and paints. You get given an inferior product with a high price tag and I'm meant to care about this company?
>>11211460He seems to be outsourcing Hasbro's stuff to other companies. GI JOE 3.75 is now in Super7 hands who will probably make pennies on the dollar for it.He is an extration-ist. He is only in it for himself.
>>11210924>to salvage the power rangers brand they were mismanaging for yearsWas he in charge of the Dino Fury zords? It's pretty much the only good non lighting collection thing Hasbro did with the brand .
>>11210305Is there an industry left that is not laying off thousands of people each month?
>Be Hasbroke>Sales keep declining, virtually everything runs at a loss>Losses are ''less bad'' because almost everyone who made stuff got fired>Call it ''operating profits'', jewspeak for ''before additional costs'', meaning losses are still increasing and debts are still rising>No retailers wants to sell your shit anymore because it doesn't sell>TF, GI Joe in the gutter>''horse'' got cancelled, shortest generation in its existence, both audiences walked away>LPS in the gutter>BeyBlades doing ''meh''>D&D/MTG doing everything in their power to make even more losses>Nerf guns so gutted and are such shit quality that X-Shot is getting a monopoly (pun intended)>Board games are ''okay'', but no one is buying a hundred monopoly sets of course. You have one or two and that's it.>Need to cut even more costs>What do>Fire the toxic fiefdoms or the creatives holding the last bits together?>The latter of course!LMAO, how the fuck are these clowns going to survive Q4 with Christmas if no retailer wants their shit and the online retailers aren't putting their toys front and center? The only toy of Hasbroke that got highlighted for christmas is some BeyBlade crap, nothing else.Bankrupcy in Q1?
>>11211776Understandable, but this is the level of straight up extraction that killed KB Toys and Toys R Us. He's pilfering their coffers for himself.
>>11211921He's definitely going to have them cut and run from RI, that's for sure.
>>11211935I think that's a cover.(((Cocks))) knows the company can only survive if the C-Suite makes sacrifices, the fiefdoms of bullshit boomer managers are gutted and good strategic plans from creatives are implemented. It's obvious what the brands need.>TF you need to let the creative people - some of which they just fired - go wild, the toys will make themselves, don't f-ing meddle you stupid boomer managers ''I wanna be important''>GI Joe needs to be the badass army again, fuck off with the army hate.>Horse needs a G4 prequel ''a 1000 years ago'' like those fantasy movies from the '80s. Both ''little girls'' and those-we-shalt-not-speak off begged Hasbroke to make that>LPS needs better toy distribution and releases, LPS 2012 was great for little girls but fucked up by not having toys readily available, but years after episodes aired>Power Rangers: just make it goofy and awesome for the kids. Simple as. Not overcomplicated BS.>How about making Nerf guns good quality that doesn't break in a second?>D&D/MTG: again, handsoff approach, work towards a good equilibrium with the content creators and don't be a greedy fucking jew>Board games: KISS. People will always want board games but they won't endlessly buy them. Just release Monopoly skins and do some experimenting, but don't put too many resources in it.But that would mean making sacrifices, also within the c-suite. Like salaries and bonuses. He doesn't give a shit, he's running the company into the ground and knows he has a golden parachute and can go retire. If he did give a shit, we'd seen the above happen to some degree.
Toys are finished.
>>11210511if anything hasbro will just become another IP pimp in the vein of WB, and even warner is suffering now.
>>11211934>He's pilfering their coffers for himself.Again, this is just how most companies in capitalism work. Ideally, your company would be so successful that nobody would notice, or care, but that's obviously not the case with Hasbro right now.
>>11211384an inescapable series of events these days. sad as the mismanagement of rangers has been, atleast they arent suffering the same fate as the likes of transformers, turtles, or capeshit. not as severely anyways. at this point we should count our blessings that our lesser known favorites from years passed have remained dead and undisturbed by modern IP skinsuiting.
>>11211460yes. that's why all of hasbro's biggest secondary brands keep getting licensed out to competitors.
>>11211776world governments and militaries
>>11211939Power Rangers, just like Tmnt, has so much potential to work as an alternative to the big two. Especially so nowadays when Marvel and DC have so thoroughly tarnished their reputations by doing stupid shit. Right now Power Ranngers could be 90's X-men big (the timing for it is perfect) and they're letting it go to complete waste. In all honesty Rangers could be a better link in their shared universe aspirations than GI Joe could in its current state. The Joes have been overdue for a rehabilitation for years and they're continuously denied that opportunity time and again. At the very least you could pretty seamlessly have the Rangers crosspaths with the likes of ROM, the Micronauts, Transformers, etc.GI Joe demands alot more leg work to make that happen, and thats before factoring all the current year faggotry the hollywood retards would be rushing to bake into these properties.
>>11211987*legacy toys are finishedall the surprise toys, late zoomer-early gen alpha, and legos still sell.
>>11212241Mrbeast and Skibitty toilet still rotting.Lego is being bought by Adults because they priced the kids out
>>11212241Screw GAMBLING ADDITION toys.I dont buy those for my kids. Only idiots buy those for their kids.
>>11210511>Spin Master Joesngl that would be sick
>>11210924Hey now, Lenny is based.
>>11212238*all* their brands have so much potential. It's not that hard. The problem is that these retarded boomer managers want to pretend they have value to mingle in everything going on. So they're not letting creatives make a good story and build up a universe kids can believe it, and letting the toys flow from it naturally. They got to force it. So these creatives are forced to appease retarded boomers, not kids, making everything shit. Look at /horse/ for example; they had it in the fucking bag. The goose that laid fucking golden eggs. And how do they respond ''well fuck this shit, the guy who buys eggs and meat and feathers from me doesn't want golden eggs! this is worthless!'' without any idea about how to find out new ways to exploit the situation. So Hasbroke butchers its own golden geese simply because they think they're useless; after all, golden eggs don't hatch geese or can be consumed, right? How useless!
>>11212251>Lego is being bought by Adults because they priced the kids out1.) Lego still makes plenty of sets for kids under the 50 dollar mark. You just think it's all expensive licensed collector shit because that's all you see outrage about online.2.) kids don't buy their own toysFucking retard.
>thread of jobless basement dwellers talking about how they know better than people with actual jobskek, thanks, I needed a laugh.You stupid faggots think the people calling the shots at Hasbro really don't know what they're doing? You're all talking about the business world as if it exists in some kind of fantasy land where everyone acts logically and gets paid for the value of their work, and it hasn't ever been like that in the history of western capitalism. The simple fact is that they're running their business the way they want, and they would rather do that, crashing and burning, than ever make the kind of changes you retards are suggesting. They will win or lose on their own terms, and if that results in the company collapsing, then so be it. The CEOs and other executives will escape on their golden parachutes and start again somewhere else.You're calling them idiots for "slaughtering their own golden goose" when that was always in the cards from day one. Something is either profitable on their terms, or not at all. Simple as.
>>11215507Yes anon, which is why every brand they have is now losing them money and they got more debts now than they did before selling EOne.(((Cocks))) is just keeping the circus going to empty the coffers, simple as.
Why do corporations give golden parachutes to CEOs rather than tying their compensation to how well the company does?
>>11215586(((Guess, anon, guess)))
>>11215586Because they're not trying to please consumers, they're trying to please the stockholders. You need the top guy to look like he's a self made millionaire or that illusion of success comes toppling down. Doesn't help that now venture capitalists and leverage buyouts have become the norm so squeezing as much money as possible out of a company is more important than taking 3 minutes to even think about it's future 5, 10, 30 years from now.
>>11215507>m. The simple fact is that they're running their business the way they want, and they would rather do that, crashing and burning, than ever make the kind of changes you retards are suggesting. I think we know that, but the hilarious bit is, (((cocks))) is screwing over the (((shareholders ))) as well, and somehow all the normie clowns genuinly think the company is doing its ''workaround''Fucking hilarious
>>11215495"Kids dont buy their own toys" - someone without kids.>Me handing my kid 10-20 bucks for cleaning something I didnt want to bother with.>Grandparents sending 10-20 bucks for Holidays>Them in toy aisle "I dont have enough for this...">Holding up a toy worth less than 10 bucks thats somehow 21.
>>11215586Because people listened to Republicans and handicapped themselves in the work place. Just look at 401ks. Theyre a joke compared to pensions.>>11215507I don't work in the toy industry but my company does alot of the same processes. Its easy to see where they cut corners at Hasbro with vendors.
>>11217659Yeah once you learn corp double-speak its laughably bad. He needs to be gone. They need to somehow get the family feel back. These empty suits just arent cutting it. They're eroding quality and consumer trust.
>>11210305Why did Hasbro hire clowns from Microsoft to run a toy company? If they understood fun they wouldn't have been working at Microsoft.
>>11210511I guess the rights for transformers will go back to Takara whole sale. Maybe then we could get anime again
>>11217720Corpo doublespeak is very easy, really. All you need is critical thinking skills, which normie corpos somehow all lack.>Do never presume corpo wants a fair deal until proven otherwise. This doesn't mean being prejudiced and think everyone is greedy and evil, but do thy homework>If a corpo has good news, they'll state it outright.>If a corpo has bad news, excuses and buzzwords galore that can be interpreted any way you like.>Therefore; If you hear buzzwords, assume its the worst situation; if they had good news, they would just say it.>Become allergic to buzzwords and assume bullshit.
>>11217715Plus, the kids go for what they like. Current generation Alpha don't give a shit about Transformers, Joes, Horses, Beyblades or the other crap Hasbroke peddles. Simply because it's all shit nowadays. Gen Alpha has its own brands they like.
>>11218577>Simply because it's all shit nowadays. Gen Alpha has its own brands they like.One of which is literally a toilet with a head sticking out of it...
>>11210305Their sales are in the fucking toilet thanks to Bidenomics inflation paired with contractually-obligated production of shit they can't sell like Star Wars and MCU. People are gonna have to get laid off, and they're gonna have to switch gears to producing what customers actually fucking want.
>>11218760I mean, if a toilet with a head sticking out of it is more interesting than TF and GI Joe I think we can say Hasbroke is cooked
>>11218760>>11218869Oh my god, you hit the nail on the head...And we'll have newspaper articles showing parents punching parents for these toys that are sitting on a pallet in Walmart as we speak...
>>11218776>Demonstrate to me that you don't understand economics in two sentences or less. Show your work.
>>11219441You're forced to sell high because of inflation paired with a bloated staff full of diversity-hires. No one buys your shit because it's over-priced and it's stupid, and you lose money.
>>11219441>i disagree with your politics so vehemently that I refuse to credit your obvious logic
>>11215238Yeah I'd say you nailed the entire situation. Look how bad they fumbled GI Joe too. An entire franchise that can be boiled down to "expendables meets MGS", reduced to two of the most generic and forgettable action movies ever made. Then they pull the plug on any efforts made to revive the series on the small screen because the movie toys were out too early and the figures warmed shelves. That's not even getting into cases like MASK, Rom, Stretch, or Micronauts where a hungry collector market exists but the execs seem to think getting new kid product out first is more important until they dont and then the IPs gather even more dust. Honestly maybe Hasbro's future as an IP firm is better for collectors.
>>11219446You need to stop raping kids Athena
>>11211606>how a voyager costs 90 fucking bucks now when just 3-4 years ago they were 40 at most.nigga Voyagers used to cost $25 and Deluxes $15 around TFPrime and DOTM/FOC Generations, I left transformers around the WFC trilogy slop and I don't regret it, what a shitshow
>>11218869>>11219429The one thing Skibidi is not, a rehash of a rehash, of a reimagining of an old 80s franchise. Kids want new things. Not the leftover shit their parents liked when they were kids.
>>11221041Skidibi is at most leftovers of the older brother’s gmod fun but its very new by comparison to fucking biker mice for example, reboots are a cancer
>>11221116No kid watching Skibidi knows or gives a fuck who Gman and Gordon are. To them they're just skibidi toilet heads.
>>11221252Yeah I was mainly talking about Gmod as an animated medium, they likely saw brief bits of it before as different characters like Skidibi is, but those were much more primitive vs whatever Skidibi has evolved into
>>11210305It's almost like the end of the fiscal tax year is right around the same time as Christmas so weird
>>11211460Wizards is the only division making money and is single-handedly keeping Hasbro in business
>>11222521Thats because they print pieces of cardboard and sell 15 of them for ridiculous prices
>>11210998>Did the Transformer movie not do good in theatres?It's box office is $127.8 mil when it cost about $75 to 147 mil according to Wiki.
>>11222829Note that the cinema's also want a piece of the action, meaning it's a bomb. Toy sales usually cover a part of the loss (which is why Hasbroke won't see that much of a return from outlicensing brands for movies in the first place).Question though... what toy sales?>B-but Hasbroke doesn't want to sell toys anymore! Trust the plan!!!Cope to throw the boomer shareholders off.
>>11210559Oh, I didn't realize there were so many companies making figures of that quality for 30 bucks. You can't buy fuck all now for that money. Even star wars black series shit show toys are 30 bucks now. You are talking pure shit.
>>11211921All of those are because of their market position. They thought they were the only game in town and act like people have no option but to buy the crap they sell. We do, and people don't buy them. Now they are going to have to wake up. Fuck around, find out etc...
I really hope Transformers goes back to Takara completely because there's absolutely nothing of value in the Hastak partnership >Generations is hollow and overpriced and small, all play value and features gutted. Had to be split with Mainline when old series made a single definitive toy per character. >Now trying to copy Toon MPs despite very clearly not having the budget for it>Outclassed by Third party legends which maintain the playability while having higher quality parts and paint. 3P CHUG is also getting traction again.>Movie Masterpiece shelf warms at every store. Too expensive for kids and every adult just waits 6 months for the improved KO with actual paint, proper scaling and improved transformations for half the price>Haslab being an objective ripoff and selling Primes despite it being the one thing they said they wouldn't do.>Hasbro Pulse exclusives generally being shit. Collectors Club and old Botcon exclusives had far more creative choices.>Tspark is too little too late, Third party has had years to build up unique lines, so much in fact that "Anime Girl" "samurai" "WW2" and "Oni" are established themes that multiple studios work on simultaneously The greatest modern Transformers series is ironically the Diaclone reboot. It's the only thing that maintains the clever transformations, high build quality and intricate gimmicks of the early 2000s era of Transformers. Wild King is also designed by the Diaclone guys so it might actually have a chance to be decent. Honestly just let Takara do 100% of the designs and creative decisions and have Hasbro import it like Beyblade/G1. Their Powered Convoy reminds me that we could have had unique styles each generation instead of G1/Evergreen reruns from 2013-2024.
>>11210924bobby v is a faggot
>Hasbroke is going to give (((shareholders))) dividends again so they'll look the other way, thinking the company is fine>With money they do not have, meaning more debtsTopkek how long can they keep this up?
https://www.globenewswire.com/news-release/2024/11/14/2980789/0/en/HAS-INVESTOR-ALERT-Robbins-Geller-Rudman-Dowd-LLP-Announces-that-Hasbro-Inc-Investors-with-Substantial-Losses-Have-Opportunity-to-Lead-the-Hasbro-Class-Action-Lawsuit.htmlOOOHHH NOOOOOOOO>If you suffered substantial losses and wish to serve as lead plaintiff of the Hasbro class action lawsuit, please provide your information here [link]>CASE ALLEGATIONS: Hasbro operates as a toy and game company.>The Hasbro class action lawsuit alleges that defendants throughout the Class Period misrepresented the quality of inventory and the appropriateness of the levels of inventories carried by Hasbro and its retailers compared to customer demand. In truth, the Hasbro class action alleges that Hasbro had a significant buildup of inventory that it was struggling to manage and which far exceeded customer demand.>Then, on October 26, 2023, the Hasbro class action lawsuit further alleges that in announcing its financial results for the third quarter of fiscal year 2023, Hasbro revealed an 18% decline in Consumer Product revenues year-over-year, along with a significant reduction in guidance for the remainder of the year. In the attendant earnings call, Hasbro’s CEO, defendant Gina Goetter, further revealed that Hasbro was forecasting “$50-ish million of one-time cost” that was to be spent on “mov[ing] through inventory at the retailer level, extra marketing to move through the inventory, [and] extra obsolescence cost” in its Consumer Products segment, according to the complaint. On this news, the price of Hasbro common stock fell by an additional 11.7%, according to the Hasbro class action lawsuit.Oh no Hassisters how can we ever recover?
>>11233394Oh Lord this is hilarious
>>11233394Lol
