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Toys’R’Us Lays Off Some 250 HQ Staffers

The last remaining national toy specialty chain has eliminated between 10 and 15 percent of its corporate workforce. The pink slips came on the eve of the Toy Fair, the top U.S. trade show for the playthings industry.

“For decades, Toys “R” Us has stood as one of the most reliable and iconic sources of childhood glee. Now, that tradition is on shaky ground. This Friday, the company announced they had laid off between 10-15% of their home office employees out of Wayne, New Jersey — approximately 250 jobs were eliminated.”

Read More at Forbes