Business & Tech
Hasbro Laying Off Nearly 600 Rhode Island Workers: State
The layoffs are effective Christmas Eve, according to the Rhode Island Department of Labor and Training.
PAWTUCKET, RI — Hasbro is laying off nearly 600 Rhode Island workers by Christmas Eve, according to the state.
The popular Pawtucket toy and entertainment company filed a required Worker Adjustment and Retraining Notification with the Rhode Island Department of Labor and Training, announcing the 597 layoffs effective Dec. 24.
Hasbro announced a year ago it was pulling out of Pawtucket and moving to Boston’s Seaport District.
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"This new location will be the primary headquarters for Hasbro’s toys, board games, and licensing businesses, and a majority of its corporate services," the company said in a media release.
"This strategic move positions the company to accelerate innovation, attract top talent, and drive long-term growth in line with Hasbro’s Playing to Win strategy which emphasizes play-driven engagement and collaboration with partners," the release said.
Find out what's happening in Across Rhode Islandfor free with the latest updates from Patch.
At least 700 full-time employees were expected to relocate from Rhode Island to Boston by the end of the year, according to the release.
Hasbro's iconic line of toys and games includes Play-Doh, Nerf and Monopoly.
See also:
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