Most people who do it are young and its just another adventure/experience, especially if you don't have kids or real estate holding you in NYC. For some, it's a great move as LA job market for CPG companies is much better than NYC so outside of... — read more
How many have been laid off so far?
From the announced 2,200? Are we near that number by now?
Mattel Layoffs 2019
What are your thoughts about potential Mattel Layoffs in 2019?
$650M cost saving...... $388M to go in Q4.?
YK and his crew did a good job of spinning the numbers, but let's be clear: there was no topline growth. The "growth" CNBC refers to is operating income, and the growth there is driven by aggressive cost cutting. Improved OI is definitely a good... — read more
NY to LA
Sincere question for anyone that worked at the NYC office and relocated to LA...why? Did they guarantee you wouldn’t be laid off? I can’t imagine people uprooting their life and in some cases their families life for a company that is so clearly... — read more
When was the last time?
Employees that have been working at Mattel for a while now, when was the last time the environment and culture in the Tower was fun and exciting to work in? People seem to quietly suffle between countless meetings, doing xyz reports etc. all with the... — read more
Mattel posted YOY growth first time in eight quarters
I gotta admit I felt some relief after the announcement of the Q3 results. The numbers are still far from good, but at least we managed to slow the free fall down, and showed some progress. Hope that this trend continues into the holiday season and... — read more
AG Layoffs?
Does anyone know if there will be November layoffs at American Girl?
Mattel officials are only consistent at being wrong
More normal 3rd Quater profits for Mattel have been 200-400 million range. That prior to the loser executives running this company into the ground over the last 5 years. The 6 million profit just reported doesn’t even cover the electric bills... — read more
Unemployment
Question for anyone who has been laid off. Can you collect unemployment and your severance at the same time???
Will the agony continue- Mattel announces Q3 earnings report
Think that the Q3 earnings report will tell a story whether Mattel, at least, slowed the freefall down. God knows how bad things are going and it would be at least a little satisfying to know that all those painful cost cuts weren’t for nothing and... — read more
I guess Hasbro is more interesting?
Did you notice how much coverage potential layoffs at Hasbro are getting and they haven't even happen yet from what I understand? And yet when we have layoffs, we are lucky if we find one, maybe two obscure mentions in online media. I wonder if this... — read more
$13 Stock
MAT stock fell below $14 Tuesday and just stayed there. Today marks the beginning of the end. Turn out the lights when you leave tonight, Ynon. Cancel Christmas: Enchantimals, Polly Pocket and even the Barbie movie can't save us now.
Mattel becomes the official toy partner of Disney channel’s new animated series
Disney Channel has announced the appointment of Mattel as a official toy partner on their new animated series: “101 Dalmatian Street”. Keeping in mind the position of the toy industry these days, I can only say that deals like this are something we... — read more
Hong Kong Mattel office
I'm an Engineering working at development team at Hong Kong Mattel office, everybody at work seems doing busy work but actually there's no new product development and there is very limited new tooling... We can't quit and giving up our sizable... — read more
Will layoffs continue this week?
From what I understand, in addition to layoffs in Mexico, last week we had some layoffs here as well. Nothing major, but enough to have me worried about possibility of more coming this week. Do we have any more info on it? Or am I just being... — read more
What about retirement packages?
Does anyone know if early retirement packages will be offered again?
More layoffs today
Heard more people got let go today, at MOA, especially from Packaging. Anyone heard similar?
Servicing debt
When is our 1.5 to 2B (what a spread!) at 6% coming due? Can Mattel make the next payments?
The Barbie movie
Very sorry to disappoint one of the previous posters, but instead of ditching Barbie, we are making the Barbie movie. Mattel is partnering with Warner Bros, according to media A-list actors like Margot Robbie will be engaged. Needless to say, the... — read more
Burnin’ down the House
Mattel stock is in the toilet at $14.82. For the exec who have joined or have hung on, the stock needs to climb to $30 for you to make any money. If you’re waiting for a buyout, remember your options and grants refer only to a material change in... — read more
Ditch Barbie
How many more quarters do we have to listen to the inane rhetoric of how Barbie “is in fire”, when it’s only burning to the ground? Do you know that all other brands give up their marketing and development resources to Barbie in a never-ending futile... — read more
I was laid off
Laid Off on the last round and I was actually happy. After the voluntary retirement was complete the Mattel environment took a turn for the worst. Even though it was a relief to get away from all that, it really did a number on my confidence. So, I'm... — read more
Mattel in Action
More accurately, Mattel Inaction: https://www.youtube.com/watch?v=ft75XOvwPFk
Anyone know for sure if WWE is not renewing their contract with Mattel?
Rumors have been flying that theyre dumping us for Hasbro or Jazzwares?? The thought of a podunk company from Florida swiping the license is pitiful. I should've listen to my parent and became a garbage man. I would have been retired by now.
More FP layoffs on the way
Confirmed layoffs for FP in November, I was speaking to a reputable HR coworker who said they have already compiled layoff folders for November.
Another Town hall circlejerk
WTF is going on? Ynot looks like a dead man walking, zero personality or charisma. Even he looks bored and I was less that 10 metres from him. Then RD comes on and says the same thing? Whilst declaring his loyalty, then the newbies??? Who drank the... — read more
Town hall RN
How is everyone feeling about this? Still thinking another round of layoffs in November?
Mattel Movies? Is this a joke?
Starting a movie division in a toy company that can’t even make toys makes about as much sense as the last dozen chiefs that have come and gone at Mattel. It’s the last desperate attempt to save a dying dinosaur. And who gets hired to run this new... — read more
A bad sign.
This Chistmas Amazon is looking to fill the TRU void by mailing out a physical catalog of their top 100 toys. It will feature only 8 Mattel products, 3 from FP, 1 HWs set and 4 girls items. That's half as many as Hasbros 16, but double Melissa and... — read more
What's wrong with me???
I started looking at this site before I was laid off, it was great, I was prepared for what happened before it actually happened. I was laid off last month, but I still look at this everyday. I'm addicted...
Where is the income for Mattel?
The company has been running with very limited new product development for over an year now, there is nothing to sell, wonder how long can the company keep paying the bills...
Mattel: Firing on All Cylinders
Also firing on all campuses and continents. HR finally ran out of admins, seamstresses and facilities people to fire, so they had to lay themselves off. Well done! Now we're down to nothing but Veeps,directors and managers: not a soul left who knows... — read more
Does Mattel Care About You?
https://www.ivyexec.com/executive-insights/2018/surefire-signs-employer-doesnt-care-about-you
November layoffs
Get ready folks, they're coming. And it's not going to be pretty by the looks of it. Honestly, anybody who is still at Mattel and is not actively looking for other employment is a mystery to me. This company is going down. It's long stopped being a... — read more
Mattel Film Division-another Hail Mary.
How long does it take to produce films and have them generate revenue? Years, is the answer. Will the corporate cash last that long while Mattel still loses hundreds of millions each quarter. Probably not. Just seems the actions are way too late... — read more
Mattel Film Division Performance
What are your thoughts?
Any layoffs expected this week?
Will anything spill over from last week, or was that it? I wouldn't be surprised if we found out more were planned for Labor Day week... That would be very Mattel like...
Layoffs in ES HR yesterday
Layoffs in ES HR yesterday. Does anyone know how many were let go? Was it only ES HR or were other campuses hit as well? Any info on next round of company wide layoffs?