Topics regarding layoffs at Mattel Inc.

Topics regarding layoffs at Mattel Inc.

No more severance packages??

The consensus seems to be that this new unlimited vacation is so that when employees leave the company, the company doesn't have to pay out any unused vacation time. Now I'm wondering about severance packages. Has that changed too? Anyone know? If it... — read more 

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| 2550 views | | 4 replies (last December 7, 2018)
Post ID: @OP+WuxAQJb

No more Rose Art

Heard there were lay offs there today. Anyone from RA have any details as to what happened?

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| 1790 views | | 5 replies (last December 6, 2018)
Post ID: @OP+WsFgiPO

Assistance for laid off employees

I know this might be a stupid question considering this is Mattel we are talking about, but is there any assistance provided for laid off employees other than the usual, meaning the severance package? I'm asking mostly about some kind of job... — read more 

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| 2220 views | | 11 replies (last December 28, 2018)
Post ID: @OP+WnAMsDq

AG leadership

Why on earth haven’t the AG prez and VPs been fired?! They’ve completely destroyed the company.

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| 1500 views | | 4 replies (last December 3, 2018)
Post ID: @OP+WnHjdQX

FIRE RD

How has this fool not been let go? His value add is zero. Actually, it’s sub-zero given his propensity to spend in excess on non-business driving ballyhoo set only to impress himself while making the rest of our lives and brands a living hell. He’s... — read more 

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| 2590 views | | 12 replies (last December 6, 2018)
Post ID: @OP+WlC8oaG

This week?

Any indication that there will be layoffs this week?

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| 1400 views | | 3 replies (last November 27, 2018)
Post ID: @OP+WkXCZY5

Happy Thanksgiving email

I think the least you could do as a CEO is send an template email to all your employees saying “thanks” is it too much to ask for?

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| 1730 views | | 4 replies (last November 27, 2018)
Post ID: @OP+Wgvbjvl

New leadership, old leadership, same old ship.

What to make of the new leadership being sent out the door, only to reinstall the lifers. Kitty says this may be a good thing. But what does kitty know that we don't?

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| 1510 views | | 5 replies (last November 21, 2018)
Post ID: @OP+WeOJUnu

Who’s making these decisions?

Is it true the Good man is now running procurement and contract manufacturing? How can you get a senior job in areas you’ve never been part of who. Did ME decide this all on his own or did the old Mattel boys network do its work again?

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| 1750 views | | 5 replies (last December 5, 2018)
Post ID: @OP+WdrwyO6

The lies that leadership tells

I keep reading that the landscape of traditional play has changed but i’m calling b---s--- on that. my kids wants a barbie dreamhouse, something called sunny day playset, was even enticed by the new polly pocket set. typical girl plat has not gone... — read more 

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| 1950 views | | 7 replies (last November 26, 2018)
Post ID: @OP+WaK6zj9

Mattel Chapter 11

We have a $500 million bond that’s due in may 2019. And we are paying 7% interests on the $1 billion bond raised last year. Based on 2017 financials, we paid over $100 million in interests. This year will be higher due to the $1B. There’s a $250... — read more 

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| 2340 views | | 9 replies (last November 20, 2018)
Post ID: @OP+WaLfBhO

Marketing and Finance

Dear Marketing and business people, you have failed in your meetings with the finance people and failed you to create new revenue streams. Do whatever you do best and stay out of other disciplines. If you don’t hit your numbers , take a hike... — read more 

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| 1240 views | | 3 replies (last November 21, 2018)
Post ID: @OP+Wa4qHuD

$13.26

That's the stock price for Mattel today. It's the holiday season and every other toy company's stock is up. Layoffs will be happening now because when reporting of the 4th quarter comes, the company will need to report drastic cost reductions to... — read more 

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| 1422 views | | 3 replies (last November 19, 2018)
Post ID: @OP+W8YIPR7

COBRA

I was laid off. Do I still have to sign up for open enrolment? How many of you are going with COBRA. If not COBRA then what? FYI I'm in California

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| 2370 views | | 12 replies (last November 16, 2018)
Post ID: @OP+W7HWuQk

This week?

Anyone know if layoffs are still happening this week?

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| 2240 views | | 7 replies (last November 17, 2018)
Post ID: @OP+W6Nygm8

Thoughts on YK?

It's been 7+ months as CEO. What do we think of YK? Can he turn the ship around?

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| 2240 views | | 7 replies (last November 20, 2018)
Post ID: @OP+W4MQ3mF

RD finally jumping ship?

So, was in a meeting in the tower today, and someone let it slip that RD is p-ss-d are Ynot as he's keeping him like a lapdog, and have stripped RD of antly meaning responsibility and he's out the door before Thanksgiving. Good riddance to bad... — read more 

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| 3540 views | | 18 replies (last November 18, 2018)
Post ID: @OP+W2XY7P2

Over-shipment to China

The problem with China isn't Trump or the trade war. That has nothing to do with it. Toys aren't impacted by the tariffs, and in any case the tariffs wouldn't impact sales in China. The issue is simple: Mattel massively over-shipped in China for... — read more 

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| 976 views | | no replies yet
Post ID: @OP+W2qUjwY

In case you think we are safe

Just a reminder, December 5, 2017 was the date of 1st wave of layoffs since the announcement of 650 millions cost saving initiative, 50 people got let go on that day at ES tower and HTC. Have a great Thanksgiving! Yup, chances of no more layoffs this... — read more 

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| 2670 views | | 4 replies (last November 8, 2018)
Post ID: @OP+VZCbiln

The strategy was always the problem

This article is originally about the competition on the learning and educational equipment market in which Mattel is apparently becoming a significant player, but the reason why I posted this article is that, in one part, the author points out how it... — read more 

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| 1130 views | | no replies yet
Post ID: @OP+VYzqcM6

Seating Arrangement in Building

When will empty floors be condensed and more people be moved so that there are not so many empty rows? The floor that I work on barely has any people on it on one side. It's depressing and lowers morale to walk by so many empty desks.

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| 1350 views | | 4 replies (last November 27, 2018)
Post ID: @OP+VWm5JrA

We are all in the same basket

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 

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| 1152 views | | 2 replies (last November 12, 2018)
Post ID: @OP+VVnEtNd

Mattel Layoffs 2019

What are your thoughts about potential Mattel Layoffs in 2019?

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| 1913 views | | 3 replies (last November 1, 2018)
Post ID: @OP+VT6mZFH

$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 

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| 1430 views | | 3 replies (last November 8, 2018)
Post ID: @OP+VS9KdJ8

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 

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| 4390 views | | 26 replies (last December 3, 2018)
Post ID: @OP+VSHDruf

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 

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| 1230 views | | 3 replies (last October 29, 2018)
Post ID: @OP+VRElJIU

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 

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| 1380 views | | 5 replies (last October 29, 2018)
Post ID: @OP+VQx9oA9

AG Layoffs?

Does anyone know if there will be November layoffs at American Girl?

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| 2220 views | | 12 replies (last November 10, 2018)
Post ID: @OP+VQZG7YN

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 

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| 1270 views | | 3 replies (last October 29, 2018)
Post ID: @OP+VPaiMGj

Unemployment

Question for anyone who has been laid off. Can you collect unemployment and your severance at the same time???

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| 1630 views | | 8 replies (last December 13, 2018)
Post ID: @OP+VOcBLqE

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 

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| 1030 views | | 2 replies (last October 24, 2018)
Post ID: @OP+VNqzvM1

$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.

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| 1490 views | | 8 replies (last October 25, 2018)
Post ID: @OP+VMo9YoG

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