They talked about moving before, I wonder if this is a continuance of those plans, or an entirely new one?
Hasbr-uh-oh - Business and Tariffs Discussion
- Thread starter Thylacine 2000
- Start date
IIRC they announced they were moving around the time they were doing all those layoffs at the end of 2024, but not WHERE they were going.
Is Boston cheaper than Rhode Island or what?
Hasbro’s been talking up about moving headquarters even back in Goldner’s day. It got to the point they even took out some offices several years back in Boston, but shuttered them after Cox took over in a cost cutting move. Guess they made the call to make the move after all.
Not necessarily, kind of depends on what kind of incentives the city gave for the move. A big incentive, from what I gather, is that Boston’s status as a high profile center of business and culture makes it a more appealing location for talent and other recruitment efforts. As nice as Providence might be, or Hasbro’s legacy there, Boston carries more cachet with more immediately available resources For a modern multinational company.
Boston must be offering something juicy. LEGO moved their North American headquarters there earlier this year.
A spaceship ufo guitar powered by rock and roll.
the answer is being a city people actually know
Yeah the more I look the more this makes sense. This is sad for Pawtucket, and maybe it's less prestigious for Hasbro to rent space in a high rise instead of owning their own gigantic headquarters, but the new building looks nice. And maybe more importantly, the whole area looks more alive. I can see why the executives would like it.
Pawtucket's been in a decline for a while now. This is gonna be a blow to the city.
I feel for them. They wanted to keep Hasbro so bad, but they just didn't have anything to offer. Hasbro would be staying just for nostalgia and the pride of having their own building. That just wasn't enough. The new headquarters is right across the road from a huge convention center. They're probably thinking about using that for something. Right now they're across the street from funeral homes. Pawtucket is sad.
It's a sign of changing times but this is definitely not a Hasbro doom story. It just sucks for Pawtucket. And for Hasbro employees who can't afford to relocate and will have to drive an extra hour to get to work.
It's a sign of changing times but this is definitely not a Hasbro doom story. It just sucks for Pawtucket. And for Hasbro employees who can't afford to relocate and will have to drive an extra hour to get to work.