Hasbro To Move 70 Jobs From Mass. To R.I., Lay Off 75

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 announced Wednesday will appear in Hasbro's second-quarter earnings report in July, but will not affect its 2011 outlook.

Pawtucket-based 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.