For employees of Danish toymaker Lego A/S in one European country, Hungary, news of the group's global job cuts plan is likely to have both a sour and a sweet taste. Lego announced that it intends to ...
Lego has run into a behemoth of a competitor — screen time. With kids increasingly opting for digital gadgets, the Lego Group, one of the world's most profitable toymakers, is streamlining its ...
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 alongside a ...
COPENHAGEN, Denmark (AP) — Danish toy maker Lego will cut 1,400 jobs, or about eight percent of its global workforce, after reporting a decline in sales and profits in the first half of 2017. The ...
After Lego sales drop for first time in 13 years, the firm plans to cut jobs and ‘reset the company’
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 films, video ...
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 ...
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