Crisis-struck German maker of Playmobil toys cuts jobs
- The German toy company behind Playmobil is cutting 17 percent of its workforce, slashing nearly 700 positions worldwide by 2025, with 369 of them in Germany.
- The company blames the Covid pandemic, the Ukraine war, and supply chain disruptions for its business woes, resulting in falls in sales and profit.
- Despite the crisis, Playmobil's Danish competitor, Lego, saw record-breaking sales during the pandemic, attributed to the success of its 'Star Wars' and Lego Icons lines.
6 Articles
6 Articles
After two years of low turnover, the manufacturer of the toy brand Playmobil is cutting 700 jobs worldwide, around half of them in Germany. The company is also planning layoffs. [more]
According to its own statements, the effects of the corona pandemic are still bothering the manufacturer of the well-known plastic figures today. Hundreds of jobs are now to be lost.
According to its own statements, the effects of the corona pandemic are still bothering the manufacturer of the well-known plastic figures today. Hundreds of jobs are now to be lost.
Zirndorf - According to its own statements, the effects of the corona pandemic are still bothering the manufacturer of the well-known plastic figures today. Hundreds of jobs are now to be lost.
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