(CNN) — Lego will cut 1,400 jobs as part of a broad overhaul of its strategy after a decade of rapid growth. The job cuts, which account for roughly 8% of the toymaker’s workforce, were announced ...
Lego Group is being forced to retrench after years as a toy-industry standout during which the Danish company leveraged its plastic brick sets and swiveled-arm characters with licensed movies, video ...
The Danish company, built on a foundation of tiny plastic blocks, said that it would lay off 8 per cent of its workers, and thin the ranks of decision makers to speed up product rollouts. “The car has ...
Lego A/S plans to cut 1,400 jobs as the Danish toymaker struggles with weak demand for a new line of “Batman” play sets that’s contributing to its worst downturn in more than a decade. The company ...