June 17 (Reuters) - Hasbro ( HAS ) has cut 3% of its

global workforce in a bid to cut costs amid higher tariffs, the

Wall Street Journal reported on Tuesday.

Swirling worries about a global trade war after U.S.

President Donald Trump's tariffs on trading partners have piled

pressure on the toy industry that was already struggling with

weak demand.

Hasbro ( HAS ) did not immediately respond to Reuters request

for comment.

The current job cuts are part of the latest round of a

multi-year restructuring at the maker of Monopoly board games

and Nerf blasters, the Wall Street Journal added.

In December 2023, Hasbro ( HAS ) had said it would cut 900 jobs

globally, nearly a year after saying it would reduce 15% of its

workforce due to weaker sales.

The company had roughly 4,985 employees globally,

according to its fiscal 2024 annual filing.