LEGO will cut 1,400 employees, with end of the sales boom

Copenhagen (Reuters)-the Danish Lego reported that fired 8% of your team and renew their business after disclosing on Tuesday your first drop in sales in more than a decade.
The toy maker announced 5% indentation in the half-yearly revenue a month after removing Chief Executive abruptly, suggesting that is facing the biggest test since flirted with bankruptcy in the early 2000.
Lego said he could not promise a return to growth in the next two years, a shocking recognition to a group widely admired by embracing the digital age and join lucrative franchise since Harry Potter the Minecraft.
"We press the button for the whole group restructuring," said the Chief Executive, Vig Knudstorp, acknowledging that the company has grown to the point of becoming complicated.
Lego said it would cut about 1,400 positions-including up to 600 in your headquarters in Billund, Denmark-most of them before the end of 2017. Currently, the company employs 18,200 people.