Tagged: layoffs

Pawtucket-based toy maker Hasbro says it will lay off about 10 percent of its workforce and consolidate some facilities to offset lower than expected revenue growth.

Providence Journal managers have closed the door on cost-saving talks with the Providence Newspaper Guild and plan to move ahead with layoffs in the first week of November, according to Guild president John Hill.

Hill says a ”very bad” October revenue report made management unwilling to offer a guarantee of no layoffs in 2013. Management plans to eliminate enough positions to cut spending by $1.2 million.