Lego to lay off 1,400 people because digital

Picture: Getty Images Upon Tuesday Lego announced that it programs to lay off 1, four hundred people —   about eight percent of its workforce — because it does that thing all businesses are trying to do: Pivot to electronic.   Yes, even a highly successful creator of children’s modular toys can not resist the digital world. SEE ALSO: New record-breaking LEGO Centuries Falcon has got it where this counts The news comes as Lego reported its first fall in product sales in more than a decade. The company furthermore admitted it’s not too optimistic regarding the next couple years, setting goals low for a return to sales development in the immediate future.   “We have pressed the rest-button for the entire team, ” said Jorgen Vig Knudstorp, chairman on Lego, to Reuters . Till recently, Lego had been thriving. The business built an impressive array of partnerships along with … Continue reading Lego to lay off 1,400 people because digital