News Summary
Hasbro has announced its plan to move its corporate headquarters from Pawtucket, Rhode Island, to Boston, Massachusetts, by the end of 2026. The transition will involve at least 700 employees and will occupy a new office space of 265,000 square feet in Boston’s Seaport District. This decision comes amid cost-cutting measures for the company, which has seen layoffs of over 1,100 staff members recently. Despite the relocation, Hasbro will maintain support for local charities in Rhode Island and continue recruiting from local educational institutions.
Pawtucket, Rhode Island – Hasbro, the renowned toy company, has announced plans to relocate its corporate headquarters from Pawtucket, Rhode Island, to Boston, Massachusetts, by the end of 2026. The announcement, made on September 8, 2025, marks a significant move for the company, which will take at least 700 employees to the new office located at 400 Summer Street in Boston’s Seaport District. This transition will result in Hasbro’s complete exit from Rhode Island, with all employees moving to the new location.
The Boston office will feature seven floors, encompassing 265,000 square feet of space dedicated to Hasbro’s toys, board games, and licensing businesses. Currently, Hasbro’s headquarters in Pawtucket has a total of 313,000 square feet and has been in the city since its construction in 1899. The property, assessed at $23.4 million, has served as the company’s base for decades.
Hasbro’s decision to relocate has been influenced by ongoing cost-cutting measures, which have included the layoffs of at least 1,100 employees across the organization. Although the company is moving its headquarters, it has pledged to maintain its commitments in Rhode Island, including continued support for the Hasbro Children’s Hospital through annual donations. In 2024, Hasbro contributed over $1 million in product and in-kind donations to various Rhode Island organizations. Furthermore, the company intends to continue recruiting from local colleges and universities, which signals its desire to keep ties with the skilled workforce in the region.
Officials in Rhode Island have expressed disappointment regarding Hasbro’s move. Governor Dan McKee and Pawtucket Mayor Donald Grebien both believe that Rhode Island remains a suitable home for the corporation. They previously offered Hasbro various incentives, including an undeveloped parcel in downtown Providence for just $1, in hopes of persuading the company to stay. Concerns have arisen among state officials about the implications of Hasbro’s relocation on Rhode Island’s business climate and its ability to retain significant enterprises.
On the other hand, Massachusetts Governor Maura Healey welcomed Hasbro’s decision to relocate, highlighting the support for job creation and economic opportunities that the state offers. This development is seen as a strategic move for Hasbro to leverage Boston’s dynamic economy, academic resources, and cultural amenities, further establishing its position in a vital market.
Hasbro’s decision to move comes just months after it relocated its office from downtown Providence to Pawtucket in January 2025. The impending transition marks a notable shift in the company’s operational strategy, as it aims to position itself within a more vibrant economic landscape. The entire move is expected to be completed by the end of 2026, and the company will take steps to ensure a smooth transition for its employees.
As Hasbro navigates this significant change, it continues to commit to philanthropic efforts in Rhode Island, maintaining a presence even as it establishes itself in Boston. The relocation highlights a crucial moment for both Massachusetts and Rhode Island as each state considers its competitiveness in attracting and retaining major corporations.
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Additional Resources
- Providence Journal: Hasbro’s Move to Boston
- CBS News: Hasbro Moving Headquarters
- WCVB: Hasbro’s Move from Pawtucket
- Turn to 10: Pawtucket Locals Disheartened
- GoLocalProv: New Hasbro Leaving RI for Boston
- Wikipedia: Hasbro
- Google Search: Hasbro move to Boston
- Google Scholar: Hasbro headquarters
- Encyclopedia Britannica: Hasbro
- Google News: Hasbro news
Author: STAFF HERE PROVIDENCE WRITER
PROVIDENCE STAFF WRITER The PROVIDENCE STAFF WRITER represents the experienced team at HEREProvidence.com, your go-to source for actionable local news and information in Providence, Providence County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as WaterFire, Rhode Island International Film Festival, and Rhode Island Comic Con. Our coverage extends to key organizations like the Greater Providence Chamber of Commerce and Providence Warwick Convention & Visitors Bureau, plus leading businesses in finance and manufacturing that power the local economy such as Citizens Financial Group and Textron. As part of the broader HERE network, we provide comprehensive, credible insights into Rhode Island's dynamic landscape.
