monopoly
Hasbro Cuts 1,100 Jobs Amid Ongoing Toy Industry Slump
Brands Companies News People

Hasbro Cuts 1,100 Jobs Amid Ongoing Toy Industry Slump

Toy manufacturer Hasbro on Monday said that it will be reducing its workforce by approximately 1,100 jobs, constituting 20 per cent of its employees, as the challenges in the toy industry persist through another holiday season. The company revealed the layoffs in a memo to employees, as reported by The Wall Street Journal. These job […]

Read More
Apple's Non-iPhone Shipments Likely To Decline In India, Despite Strong iPhone Demand
Brands Companies Electronics News Retail

Apple Faces $1Bn Class-Action Lawsuit In UK Over App Store Fees

Apple has become the target of a substantial GBP 785 million (USD 1 billion) class action lawsuit in the United Kingdom. The lawsuit has been brought forth by over 1,500 app developers who are expressing grievances over the company’s App Store fees. Apple’s services business, especially the App Store, has witnessed remarkable revenue growth in […]

Read More