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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Sep 07, 2017
Page
11
Lego Group plans to eliminate 1400 positions after a first-half revenue drop of 5 percent to 2.4 billion dollars and a 3 percent fall in net profit to 544 million. The move aims to streamline operations amid softer demand in mature markets like the United States and parts of Europe.
Bloomberg News reports Facebook claims can reach 41 million 18 to 24 year olds in the United States though Census data shows only 31 million in that group. Analyst Brian Wieser notes gaps exist across ages and could mislead TV ad budget planning.
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