I think they are finally going to get rid of the factories and start focusing on making Mattel a licensing company . let others design and produce Mattel IP and risk

A Mattel spokesman confirmed today that cut would affect approximately 50 employees in East Aurora, most of whom are in back-office support functions. As of March 30, about 760 employees worked for Fisher-Price and Mattel in East Aurora... — read more 

After last week's culling, I'm scared of going into work today just to find out more of us are being shown the door. I have a feeling we are still far from the announced 2200 and I can't help but be nervous. Hopefully I'm just being paranoid, but you... — read more 

To everyone who has gotten laid off, my sincerest condolences. It is rough and I’m sure many good people were let go. With that being said... it was something that was necessary given the situation mattel is in right now. But what blows my mind is... — read more 

For those who were just laid off, I’m sorry for what you are going through - it stinks but you will end up in a better place eventually. Trust me - I speak from experience. At the same time use this time to “detox” and get back to who you are and... — read more 

How does RD do it - gets someone else to clean up global development including cutting the number of VPs in half and then takes it back 18 months later. Is nobody getting into the details of what’s happening?

Can this be done? Some websites say you should negotiate you severance. If they give you 1 week pay for every year, ask for 2 weeks for every year. I would love to negotiate, but what if they say "okay you get nothing now.

Any new on layoffs or the current situation at Mega Brands/Bloks? Can find no updates and they weren't even listed separately in the quarterly report...can only assume they are part of "owned brands" (and how unintentionally ironic is that title... — read more 

When my wife was laid off from another company a few years ago the amount of severance we received was significantly lower than we expected due to it being in a higher tax bracket. Now it was my turn to be laid off, and we are trying to figure out if... — read more 

What if we end up like Toys "R" Us? Does that mean all of us will be out of a job without any severance that can serve as some kind of a safety net until we can find new employment? Is there a real chance of something like this happening any time... — read more 

It looks like instead of trying to find a better business strategy that would help us turn the company around, those on top are now relying strictly on layoffs to placate shareholders and investors. And since without some major changes in the way we... — read more 

I’ve worked at AG for 8 years and after going from one of the greatest job I’ve had to panic attacks and asking to be reduced so I can recover for the WONDER trauma. Punitive and exploitive and manipulative. A fulltime HR at the small store to be the... — read more 

Is Good still surviving?

As someone who got laid off from Mattel a few years back, I can say this is actually your best day. It certainly might not feel like it now, but Mattel has absolutely lost more than you have. There are a lot of other companies looking for creative... — read more 

El Segundo, they’re not taking questions from remote viewers. Please ask a ton of questions - including when the next round of layoffs are!!!!

That is all.

Tells you all you need to know about the company cultures... LEGO Board Chairman in 2017: "We are very sorry to make changes which may interfere with the lives of many of our colleagues. Our colleagues put so much passion into their work every day... — read more 

I'm guessing that since research is one of the most affected areas, we are kissing innovation goodbye for good. Yup, I'm sure that'll work out really well for us in the long run. We are where we are because we keep rehashing the old and not coming up... — read more 

I will be calling in sick 7/31, and propose everyone do the same. A day of remembrance for everyone we've lost. The people we loved to see and work with on a day to day basis. A day for those of us who remain, to get out and recognize there is life... — read more 

It was specifically noted at several locations when layoffs started that they will be done within 48 hours. Those hours expired yesterday at the end of workday, meaning that there will be no more layoffs for now (emphasis on for now.) So stop... — read more 

We lost so many good people in the past several days, many friends among them. The office atmosphere is now changed for good. Morale is down, there is so much empty space, barely any chatter... I didn't think workplace environment at Mattel could get... — read more 

I'm thinking we didn't even come close to 2,200 in the past two days. When can we expect the rest of it to hit us?

2,200 people layoff. This is a head spinner https://www.foxbusiness.com/markets/mattel-to-cut-2200-jobs-amid-losses

Anyone has more details on how COBRA works after a layoffs? What is offered? How about prices? Thanks.

Not sure if this will help anybody, but there is some good advice that will not hurt for sure so here it is: "4 Ways to Stay Sane When Your Company Is Going Through Layoffs"... — read more 

Those who didn't think Toys R Us closing all of its stores was going to affect us (I heard so many people argue that online sales would pick up any sales we lost in the stores,) here is your proof. I just hope it didn't greet you with a layoff... — read more 

Margaret H. Georgiadis $31,275,289 Richard d---son $8,727,571 Joseph J. Euteneuer $5,277,089 Christopher Sinclair $3,665,628 Amanda J Thompson $1,952,720 Robert Normile $1,759,198 Kevin Farr $1,203,253 TOTAL: $53,860,748 Would these amounts be... — read more 

News reports say 2,200 will be laid off. I saw somewhere (WaPost maybe) that less than half of that will be in the US. 20 this week at AG HQ and 100 at AG retail. Anyone have numbers for other locations?

https://twitter.com/TheLayoff/status/1021831591792918528

A Toys R Us death blow: Mattel to lay off 2,200 workers [WaPo] https://www.washingtonpost.com/business/2018/07/25/toys-r-us-death-blow-mattel-lay-off-workers/?utm_term=.f3950e7cad4a Mattel is laying off more than 2,200 workers after Toys 'R' Us went... — read more 

https://money.cnn.com/2018/07/25/news/companies/mattel-layoffs/index.html

If there are any non-troll business minded people on this site, I would like to get your take on the future of Mattel. For instance, will there be a sell off? Also, sorry to anybody who lost their jobs.

For those wondering the details of how it goes down, at least at FP, here is what happened to me. Phone call to come down to a conference room. Boss had a script to read from which ended with, "this decision is final." Really Mattel? Handed it over... — read more 

Mattel announced that it will cut 2,200 positions, or 22% of its global non-manufacturing workforce. It also plans to sell its factory sites in Mexico. Shares of Mattel slumped 8.5% after hours.

https://money.usnews.com/investing/news/articles/2018-07-25/mattel-misses-quarterly-sales-estimates-announces-job-cuts