Hasbro to move 70 jobs from Mass. to R.I., lay off 75
PAWTUCKET, R.I. -- Toymaker Hasbro Inc. is moving about 70 jobs from its Western Massachusetts facility to Rhode Island and laying off another 75 Massachusetts-based workers in a reorganization of its gaming division.
The cost of the move will appear in Hasbro's second-quarter earnings report in July, but will not affect its 2011 outlook.
Hasbro says the loss of 145 jobs in East Longmeadow, Mass., is part of its plan of creating a new center for game development.
The toymaker is receiving up to $1.6 million in tax breaks from the state as part of a plan to add nearly 300 jobs in Rhode Island over the next three years. A Hasbro spokesman declined to say whether Wednesday's move was related to that plan.
Hasbro employs 1,400 in Rhode Island.