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

https://www.wsj.com/articles/mattel-to-cut-2-200-jobs-as-toy-maker-battles-losses-1532550800 More than 2,200 jobs being cut, selling manufacturing sites in Mexico…

I'm no attorney but.. did we get 60 days notice? https://www.shouselaw.com/employment/warn-act.html

They are tying up loose ends. people like me that where not at work yesterday;]

Can anybody please tell us how are those affected by this week's layoffs being notified?

Mattel has been an outstanding company to work for. If you worked in the industry it was well known that Mattel had the most dedicated and properly trained employees, the tenure was unmatched in the industry and this was leveraged into decades of... — read more 

Would somebody here please give me a succinct explanation of what's happening at Mattel right now? I've been through posts and replies here, but they scattered and unfocused I can't put together a complete picture. Can somebody help me out, please?... — read more 

Any age discrimination noted during this round of layoffs at Mattel?

If cutting the workforce is like editing a wardrobe, then let’s think about it like this: Your best pieces of clothes are on the hangers, serving you well. You donated the rest. Fewer blazers, one classic white shirt, a handful of well made casual... — read more 

It really looks like yesterday was it, at least for the U.S. side. Hopefully it stays like this for the reminder of the day.

Ever wonder how the boneheads who rule the roost manage to stay on in this company? or get massive going away golden parachutes for failing miserably at their jobs? Mgo? JB? BS? CS? The list goes on and on and yet even the lower level of overlords... — read more 

Have there been any changes to severance or is it the same as before? I'm worried they'll try to save even more by offering less to laid off workers. Certainly wouldn't put it past them.

What's going on today, any layoffs there?

I'm really not sure for how long they can continue to do the same thing over and over again before consequences catch up to the company. We lost some of our best people in this round, and some of the most useless employees that are actual dead weight... — read more 

sounds like about 100-120 total... heard around 40 from the design side... lot of Admins - you know the people who actually do the work here... what is it going to take to start getting rid of the people who are leading this company to its... — read more 

https://www.thelayoff.com/hasbro

Today was nerve-wrecking enough, not sure how I'd take having to go through another night of stressful anticipation...

Design and marketing should be safe. The CEO is always talking about how product innovation and creativity are integral to his vision of the company's future state. What's he call it, a high performance toy company or something along those lines?... — read more 

Only there for 7 years not making big buck either. I think they just put names in a hat & pick.... was there early every day, never called in sick, went above & beyond his job. Do they ever look at that? No they get rid of the dedicated & keep the... — read more 

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

Anything at SBDC?

From what I've pieced together from the posts, it looks like it's under 50 people. That's not as bad as I have feared. Although the day is far from over, so who knows how high that number might go before it's all done.

I see people posting about layoffs, but our department is the same as any other day. Does that mean we are spared or it simply didn't reach us yet?

https://nypost.com/2018/07/23/hasbro-moving-production-out-of-china-to-avoid-trade-war/

Any news yet?

Not knowing what's going to happen tomorrow (well, today since it's nearly 3 a.m.) is really messing with my sleeping. Which means that in addition to being a nervous wreck due to expecting layoffs, I will have to function on maybe two hours of... — read more 

Confirmed.

Any tax or finance people here? At what payroll tax rate is severance taxed in California. I am interested in the Federal Tax Rate and State Tax rate for the severance payments we may be getting. I am in a financial bind and every penny will be... — read more