Laid off from Hasbro.

What Hasbro layoffs have meant for employees

In Hasbro's December 2023 cuts, many affected employees were to hear within a day, but most notifications were set for the next six months and the rest for the following year, with timing set by each country's rules, according to the company's memo to employees. The work ahead, the memo said, included standardizing finance, HR, IT and consumer care processes and thinning management layers. Some of the people counted that year were volunteers for a US early retirement program, so the totals mix people who chose to go with people who didn't. Waiting months to learn whether your own job survives is hard. If a round has been announced and you haven't heard anything, it's worth asking your manager when people in your function will know.

Hasbro expected those December 2023 actions to be substantially done within 18 to 24 months, its 8-K filing said, and the cutting continued past that. The company's organizational changes "have resulted and will further result in workforce reductions," its 2025 annual report says, and further cost-saving initiatives could bring more severance charges. First-half restructuring and severance costs came to $13.7 million in 2026, a little above the same months of 2025, and the July 2026 results release that reported them listed uncertainty over keeping key people after recent workforce reductions among Hasbro's business risks. If you've stayed through these rounds, the strain shows up in the company's own terms too, in an annual-report warning that the planned move, recent workforce reductions and losing key employees put knowledge, relationships and productivity at risk.

At Wizards of the Coast, which the annual report places in Renton, Washington, both 2026 layoffs on record are known from the laid-off employees' own LinkedIn posts, which Wccftech and Wargamer picked up. They came in the same year Hasbro's July release called Wizards' quarter a record, with Magic passing $500 million in quarterly revenue for the first time. If you're at Wizards and a teammate's post is the first you hear of a cut, you can ask your manager directly where your own role stands. If your job was in Renton, Washington unemployment benefits covers filing there, and if it was at the Burbank office that Hasbro's consumer products and entertainment teams use, California unemployment benefits does.

For Rhode Island staff, the Boston move is a sorting of its own. If a move doesn't work for your household, you'd be giving an answer Hasbro anticipated, since its annual report warns that the company may lose experienced personnel unwilling to relocate. If you've been given a Boston transfer date and are weighing it, it's worth asking whether declining would come with severance, and how the start date and any relocation help would work, before you answer. Rhode Island unemployment benefits and Massachusetts unemployment benefits lay out claims in the two states on either end of the move.

If job placement support is part of what you're offered, it's worth asking who provides it and for how long. If you're weighing a severance package against a transfer to Boston, negotiating a severance agreement covers what's open to discussion, and if your health coverage ends with your Hasbro job, how COBRA works explains keeping it for a while. For anyone with a balance in Hasbro's retirement plan, handling a 401(k) after a layoff goes through the options before any money moves. And if your job went in one of these restructurings and a hiring manager asks why you left, saying so plainly is an honest answer, with more on the wording in explaining a layoff.

A sourced history of Hasbro layoffs

• September 2026, Wizards of the Coast staff report layoffs

  Wizards of the Coast's Dungeons & Dragons community manager and its Magic social media manager said in LinkedIn posts, quoted by Wargamer, that they'd been laid off, one calling it part of a greater restructure.

• February 2026, Atomic Arcade closure, per a laid-off developer

  A gameplay programmer at Atomic Arcade, the Hasbro and Wizards of the Coast studio making a G.I. Joe game, posted on LinkedIn that he'd been laid off after they decided to close it, according to Wccftech. Hasbro told the outlet the game wasn't canceled.

• June 2025, 3% of Hasbro's workforce laid off

  Hasbro laid off 3% of its workforce, according to Retail Dive, with a spokesperson saying the company was aligning its structure with its long-term goals. In April, Chris Cocks had told analysts tariffs could bring potential job losses.

• October 2024, dozens of cuts, about half in Rhode Island

  Fewer than 100 employees would be affected and roughly half were in Rhode Island, Hasbro's communications director said, according to the Boston Globe, as chief executive Chris Cocks told staff a headquarters move wouldn't come before mid-2026.

• December 2023, about 1,100 more cuts in a company memo

  Hasbro's memo to employees put the new cuts at about 1,100 colleagues, US early-retirement volunteers included, on top of roughly 800 earlier ones, and offered affected staff packages with job placement support. Its 8-K filing expected about 900 positions to be eliminated.

• January 2023, about 1,000 positions, 15% of full-time staff

  Hasbro said it would eliminate about 1,000 positions, roughly 15% of its global full-time employees, under the Operational Excellence program begun in October 2022, according to its December 2023 8-K filing.

What to do if you're laid off from Hasbro

• File for unemployment in the state where you worked. Benefits run from your filing date, and severance usually doesn't block you. Hasbro's biggest hubs: Rhode Island, Washington, California. Somewhere else? Every state is here.
• Apply for financial and hardship assistance. Unemployment supplements income, but food benefits, health coverage and utility help are often available as well. Here's some of what Hasbro's hub states run: Rhode Island, Washington, California, and every other state is here.
• Mind the health insurance window. Losing coverage opens a 60-day special enrollment period, and an ACA plan usually beats unsubsidized COBRA. Compare your options before the employer coverage lapses, and read how the COBRA clocks run if you are weighing it seriously.
• Get your real runway number. Severance plus savings divided by reality. The calculator takes five minutes.
• Know which clocks are already running. Severance review windows, COBRA election, visa grace periods, and 401(k) rollovers all run on federal deadlines that started at termination. All five deadlines are here.