From: Reuters
Published January 9, 2008 12:17 PM

Hasbro plans facility overhaul, job cuts

NEW YORK (Reuters) - Hasbro Inc <HAS.N>, the world's second-largest toy and game company, announced plans to improve productivity at its Massachusetts facility on Wednesday, a move that will cut 200 jobs.

The company said it will invest about $40 million, including $10 million right away to overhaul its equipment.

(Reporting by Aarthi Sivaraman; Editing by Brian Moss)

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