Hasbro Will Lay Off 587 Pawtucket Employees
The toy manufacturer plans to cut local staff as it relocates its corporate headquarters to Boston.
Updated on Oct. 13, 2026 in Jobs — General
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Hasbro will lay off 587 employees in Pawtucket, Rhode Island, with the cuts officially scheduled for December 24, 2026. The staff reduction follows the company's decision to move its headquarters to Boston.
Why it matters
The downsizing in Pawtucket marks a significant transition for the company as it shifts its corporate footprint out of Rhode Island. This move reflects ongoing operational changes within the organization as it consolidates its leadership and business functions.
Hasbro filed a formal WARN letter disclosing the 587 job cuts. The company's CEO Chris Cocks recently received $19 million in compensation, representing a 10.9% increase.
The players
Hasbro
This multinational toy and entertainment company is known for owning major brands such as Monopoly, Transformers, and My Little Pony.
Chris Cocks
He serves as the Chief Executive Officer of Hasbro.
Rhode Island Department of Labor and Training
This state agency oversees employment regulations and is the recipient of the company's required layoff notification.
The details
The layoff process is being managed through a legally required WARN letter submitted to the Rhode Island Department of Labor and Training. These cuts arrive alongside broader corporate turmoil, including a recent federal lawsuit filed against the company following a cyberattack.
Timeline
Hasbro announced its move to Boston in March 2026.
The company faced a federal lawsuit in April 2026.
The layoffs will take effect on December 24, 2026.
Market Landscape
The move aligns with the Worker Adjustment and Retraining Notification Act requirements as the firm consolidates its operations. By relocating to Boston, the company is positioning itself in a new hub to manage its competitive standing in the global toy and entertainment sector.
Local workers in Pawtucket will face direct employment changes as the December deadline approaches. The shift away from the city may impact the local economy as the company transfers its corporate presence to the Boston area.
The takeaway
Large-scale corporate relocations often trigger significant workforce adjustments that are subject to specific state notification laws. Employees impacted by such transitions should monitor updates from local labor departments regarding potential transition assistance.
Further reading
Learn more about labor trends in the area by visiting the Jobs — General section.
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