Also, when your company is ailing (read: Not making more profit than last year, no matter what ocean of money your managers are swimming in), fire the good parts. That'll fix it!

[–] frezik@midwest.social 23 points 1 year ago* (last edited 1 year ago) (3 children)

Hasbro is unprofitable, but there was a memo a while back that said Wizards of the Coast was their most profitable division. Possibly their only profitable division. That covers Magic: The Gathering and D&D.

This is also why we're seeing both those properties getting the fuck monetized out of them. Big influxes of MTG sets based on other licensed properties, and attempts to undo the open licensing around One D&D.

But then it makes even less sense to lay people off from those divisions.

Edit: minor clarity and typo corrections.

[–] FaeDrifter@midwest.social 10 points 1 year ago

God that's so corporate-coded - instead of fixing your divisions so they are all profitable, just take your two successful divisions and squeeze them like you're trying to get blood out of a stone.

[–] JJROKCZ@lemmy.world 8 points 1 year ago

The best way to save hasbro is cut back on making trash plastic toys for kids and stake the company to a well-staffed, functional WoTC who can deliver what MTG and DND fans want.

Is that in the original spirit of the company? No, but who the hell cares? Certainly not investors and certainly not consumers or they’d be buying the toys

[–] masinko@lemmy.world 6 points 1 year ago

They also said in a memo maybe 2 years ago they want WotC to be worth double their value in 5 years. That's pretty unrealistic standards for an already established company.

[–] Lesrid@lemm.ee 6 points 1 year ago

Imagine if we quit our jobs if we didn't get an annual raise. Maybe we could afford housing.