Hasbro Inc

Pawtucket Mayor Donald Grebien has expressed deep disappointment over Hasbro's silence and unresponsiveness to local and state officials following the company's WARN filing. Hasbro is relocating to Boston, impacting approximately 587 Pawtucket employees who must transfer or face job termination by December 24. Grebien urges Hasbro to engage in discussions regarding the transition, its impact on employees, and the future of its Pawtucket property.

Take-Two Interactive Software Inc. (TTWO) saw its stock fall 4.1% to $200.32, underperforming the broader market and some of its peers. This marks the second consecutive day of losses for the company, which is now 24.7% below its 52-week high. Trading volume was significantly higher than its 50-day average.

Hasbro is set to begin its relocation to Boston from Rhode Island in January, with employees at its new 400 Summer St. Seaport headquarters required to work in the office three days a week. The company's Boston-based staff must report to this new location or face termination. This move marks the start of Hasbro's long-planned transition.

Hasbro has issued a notice to 587 employees in Pawtucket, Rhode Island, stating they must agree to relocate to the company's new Boston headquarters by December 24, 2026, or face job loss. The move, which has been planned for over a year, will see workers start in Boston on January 4, 2027. Local officials, including Pawtucket Mayor Don Grebien, have criticized Hasbro for its lack of communication regarding the transition and the future of its Pawtucket property.

Hasbro has notified Rhode Island officials that nearly 600 jobs will leave the state as the company moves its operations to Boston in 2027. While all 587 affected employees have been offered positions at the new Boston office, their employment will end in December 2026 if they do not accept the relocation. Pawtucket Mayor Donald R. Grebien expressed disappointment in Hasbro's lack of engagement with local officials regarding the move and its implications for the city and its employees.

Hasbro Inc. has offered 587 employees from its Pawtucket, Rhode Island, worksites continued employment at its new Boston headquarters. This move is part of a permanent relocation and was communicated via a WARN notice filed on October 8. Employees who accept and complete the transfer will not experience an interruption in employment, while those who decline will have their employment end on December 24.

Hasbro has opened Wizards of the Coast Studios in Montréal, a new hub dedicated to developing content for the Dungeons & Dragons franchise and supporting the Wizards of the Coast digital games portfolio. This 35,000-square-foot studio is expected to employ around 200 people within two years, signifying Hasbro's accelerated investment in D&D. The initiative follows strong Q2 performance driven by Wizards of the Coast and digital gaming segments, which saw a 27% year-over-year increase in net revenue.

Hasbro is laying off 587 employees in Pawtucket, Rhode Island, effective December 24, 2026. This decision comes as the iconic toymaker prepares to move its headquarters from Pawtucket to Boston's Seaport district. It remains unclear whether the affected employees will have the option to relocate to the new headquarters.

Hasbro announced plans to lay off 587 employees in Pawtucket by the end of the year, with an effective date of December 24, as part of its move to a new corporate headquarters in Boston. The company stated that affected employees were informed of the relocation in September 2025 and that the recent WARN notice is not a new announcement but a formal step in the transition process. Hasbro, which was founded in Rhode Island in the early 1920s, is relocating its headquarters from Pawtucket.

Strauss Borrelli PLLC is investigating Hasbro Inc for a potential violation of the WARN Act following a mass layoff of 587 employees in Pawtucket, Rhode Island. The law firm believes that Hasbro employees may be entitled to 60 days of severance pay and benefits if the company failed to provide the required 60-day notice before the layoff. The WARN Act mandates employers with 100 or more employees to provide 60 days' notice for significant layoffs or plant closings.