Hasbro sources half of its toys and games sold in the U.S. from China. The toymaker has been speeding up efforts to diversify sourcing and cut costs.

Hasbro ( HAS) has reportedly laid off 3% of its global workforce as tariffs boost costs at the toy maker. According to The Wall Street Journal, the laid-off employees, who spanned departments and regions worldwide, were informed of the cuts on Monday.

The Wall Street Journal said Hasbro is planning on laying off 3% of its workforce. "90% of the people who come here are trying to do the right thing," moderator Whoopi Goldberg reminds the actor The post ‘The View’ Hosts Push Back After Arnold Schwarzenegger Says Immigrants Need to ‘Behave Like a Guest’ appeared first on TheWrap.