Hasbro Slashes Cap Work Force, Offerings Unaffected.

Professional Candy Buyer, November, 2000

NAPA. CA -- Product offerings will not be affected, claims Hasbro Inc., referring to its decision to slash the workforce at its Cap Candy/OddzOn, Inc. headquarters.

The downsizing is part of Hasbro's initiative to consolidate support functions into its Pawtucket, RI, headquarters by the first quarter of 2001.

Tom Prichard, Cap/OddzOn general manager, tells PROFESSIONAL CANDY BUYER the changes "should be absolutely seamless for the buyer," adding the company is returning to a dedicated candy sales force from a combined candy/toy sales force.

Hasbro is also closing toy facilities in Cincinnati and San Francisco. Combined, the closings will cut about five percent of the company's work force.

About 15 sales, marketing, product...

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