Toy giant Hasbro recently laid off 1,100 staff members, including employees from its struggling toy and entertainment departments, as well as Wizards of the Coast, which manages Dungeons & Dragons and Magic: The Gathering. The layoffs targeted senior members, executives, and newer hires, and affected nearly every department within Hasbro’s structure. The company’s fat-trimming knife reached deep into payroll to save costs heading into 2024, resulting in the loss of high-profile staff members. The layoffs also extended to the top of departments and c-suite positions, showing the extent of the cost-saving measures. The layoffs have affected both digital and physical product teams, and the full extent of the fallout remains to be seen. Despite past successes and future plans for Dungeons & Dragons and Magic: The Gathering, many workers are left wondering why executive salaries and additional compensation were not used as a last resort. The layoffs have left many workers uncertain about their future and have raised questions about the company’s decision-making.
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D&D and MTG designers, artists and producers lose jobs among over 1,000 Hasbro layoffs, former devs confirm
