News Summary
CD Projekt Red, the Polish video game developer, is establishing its North American hub in Waltham, Massachusetts. With a $2.1 million tax break, they plan to hire 141 new employees and expand their office space significantly. The move highlights Waltham’s growing importance in the gaming industry, with new roles primarily focused on technical positions and an average salary exceeding $170,000. This expansion aligns with Massachusetts’ initiative to attract major gaming companies and signifies a bright future for the local business landscape.
Exciting News for Waltham: CD Projekt Red is Expanding!
Waltham, Massachusetts is buzzing with excitement as CD Projekt Red, the renowned Polish video game company behind some of the most beloved gaming franchises, has just announced plans to establish its North American hub right in the heart of the city. The company is gearing up for a big expansion, and this is just the beginning!
Breaking Ground with Big Plans
With a whopping $2.1 million state tax break in their pocket, CD Projekt Red is set to take their operations to new heights in Waltham. Over the next three years, they plan to bring on board 141 new employees. This means that not only will Waltham see an influx of exciting job opportunities, but the gaming community will also be treated to some amazing new developments. The expansion is geared towards advancing projects in their popular franchises, including “The Witcher” and “Cyberpunk 2077”.
A Growing Team in Massachusetts
Last year, CD Projekt Red had a modest team of just 42 full-time employees at their existing Waltham office. However, with this new initiative, things are about to change dramatically. The company acquired the local studio, Molasses Flood, in 2021, and now they are ready to grow even more. The company plans to add an additional 9,100 square feet to their current office space of 13,600 square feet, making their base of operations even more accommodating for the rapidly expanding team.
What Kind of Jobs Are Coming?
The majority of the new positions will focus on technical roles, which highlights the company’s commitment to developing cutting-edge games. But it doesn’t stop there—there will also be openings in finance, human resources, and various support areas. The average annual salary for these exciting roles is projected to exceed a fantastic $170,000, making these jobs highly attractive for many job seekers in and around Waltham.
A Gateway to New Ventures
CD Projekt Red’s new Waltham office won’t just be another workspace; it will serve as a critical hub alongside their headquarters in Warsaw, Poland. The company has ambitious plans to branch into new areas such as film and television adaptations of their games alongside boosting their multiplayer offerings. This expansion marks a significant step in establishing a more dynamic presence in North America and enhancing their global reach.
Massachusetts Welcomes the Gaming Industry
The arrival of CD Projekt Red is a part of a larger initiative by Massachusetts to attract and retain top-tier companies in the gaming sector. Waltham is not alone in this endeavor—other major players like Activision Blizzard are also making their mark in Greater Boston. Hasbro is even considering moving its headquarters to Boston, which speaks volumes about the city’s growing importance in the gaming world.
A Bright Future for Business in Waltham
Waltham, and the wider Boston area, is rapidly becoming a hotspot for gaming and entertainment industries. The city is taking proactive measures to enhance its competitiveness, with Boston Mayor Michelle Wu recently launching a new business recruitment office aimed at keeping companies engaged and thriving in the area.
As we look ahead, it’s clear that Waltham is poised for remarkable growth and opportunities, with CD Projekt Red leading the charge. The gaming community and job seekers alike have much to look forward to as they prepare for an exciting new chapter in the world of video games right here in their backyard.
Deeper Dive: News & Info About This Topic
- Bisnow: CD Projekt Red Expansion
- Wikipedia: Video Game Industry
- NBC Boston: CD Projekt Red Headcount
- Google Search: Waltham gaming industry
- Boston.gov: Massachusetts Video Game Companies
- Google Scholar: CD Projekt Red
- Forbes: Massachusetts Video Game Development
- Encyclopedia Britannica: Video Game
- Google News: CD Projekt Red expansion
