Anyone have info on AG? Are layoffs coming soon?
The old grey queen she wasn’t what
she used to be, Spent money recklessly. pushed the envelope daintily. The old grey queen she ain’t what she used to be, and now she’s being pushed out the door.
It’s a New York panic state of mind!
Watching people scramble looking for toy jobs in an industry that’s abandoned the east coast is quite entertaining. like roaches scurrying when the lights go on, yet they don’t learn. The worried faces, thebreaching out to ex co-workers looking for a... — read more
Successor to MZ?
Nothings been announced officially yet, but everyone's assuming that they'll eventually name JA as MA's successor. It only makes sense, no single person has had a bigger impact on FP design than JA, not even MZ. My guess would be his current Creative... — read more
You gotta love Ynot
Ynot is great because he's not even pretending (like Margtard did) that he's 'reinventing' the company or 'turning us around'. He's just here to sell us.
Business Management Success
To new leadership of Ynot,, you will be given a chance, just do not pay homeage to your predicessors, they have dug a hole that looks to be a grave. Acknowlegge the situation truthfully, no buzz phrases, just hard work in new areas that will... — read more
I'm really sorry about what happened to Fisher Price.
I'm really sorry about what happened to Fisher Price. I remember when your company had a better reputation. I wish Mattel cared more about quality. Management and above make me sad. Most of them don't listen and seem to consider any kind of... — read more
Stock Recovery
Our stock has meandered back up to 17. Not certain if the credit goes to Ynon or simply that we've been out of the headlines and haven't made any embarrassing, cringeworthy blunders or claims lately. Either way, sit down, shut up, and do your job... — read more
The Real Problem Here
Mandatory training video at https://www.youtube.com/watch?v=Sz0o9clVQu8
Toy Store
I hear the Toy Stores are closing. What are your thoughts on this?
Warner Bros
Now that Mgo put lipstick on the pig by cutting jobs and expenses, Ynot has to get us sold. Warner Bros? Who would (or could) pay over $16/share?
Waiting for it . . . .
What's worse then getting slapped in the face? . . . . Waiting to get slapped in the face. There's VERY strong signs that a reorganization with possible layoffs are on the horizon. Mumbles about July are in the air & everyone is working at 40%... — read more
Mattel, I still believe in you.
No disrespect intended, and I do not mean to dismiss people’s hurt feelings or negative experiences. But, I still believe in the magic. I know it is there and can grow full force. I believe.
Just a reminder :)
Jamie Dimon, chairman and CEO of JPMorgan Chase, the largest of the big four American banks, and highest paid executive in the financial sector made $28.3 million in 2017. Mattel paid M-Go $31.3 million.
A must read on pay gap between employees and CEO
For example, Mattel, the toy company, owns its factories overseas and employs thousands of low-paid workers in Asia. As a result, Mattel reported the second-highest ratio on the Equilar list: The chief executive’s pay was 4,987 times that of the... — read more
What became of Sproutling, Nabi, Fuhu?
A few years ago Mattel made a big deal about acquiring several up and coming tech companies, but since then it's unclear whatever became of them. Anyone got the inside scoop on current status or what? I'm just curious what role they are playing in... — read more
I have been struggling to find a job. and got shortlisted to become a engineer at Mattel
I've been broke for a while, and looks like Mattel might hire me for an engineering role. What do I do? I dont want to starve, yet all this chatter scares me? Will it be stable for at least a year?
Hasbro is not our salvation
For those hoping that Hasbro will buy us and in turn save us, don't hold your breath. Not because it's unlikely they'll buy us, but because id they do, most of us will be shown the door. If you need proof, just Google their latest acquisition and see... — read more
Sale to Disney
Ynot doesn't seem at all qualified to run a toy company, but he sure has contacts at Disney. Does anyone think he's here to set up a sale to Disney?
Best way to fix Mattel
SL is truly representative of what is wrong with Mattel Management. Ever failing upward, a hot potato no one wanted to have around. Incompetent, yet egotistical. Would talk down to experts. Want to fix Mattel? NO ONE sits in a Manager's seat unless... — read more
MAT stock junped $1 Tuesday
... because Smitty found a ten dollar bill under the soda machine. That is all.
M-Gone left Ynot a solid playbook!
Hey, M-Gone may have flown the coop with a golden parachute, but her turnaround plan made a lot of sense. I particularly liked her ideas about beefing up Mattel's scripted content offerings and presence in digital gaming, a potentially profitable... — read more
THIS is why Mattel is failing (from someone who recently left)
Mattel is STILL stuck in the past (like 1980's past) in terms of the most basic operating practices. Here's an example: 1) Halloween - every Halloween employees get to bring their families in to celebrate. It's really cool and employees go all out in... — read more
Redecorating Budget?
Anyone know how much Ynot is spending to redecorate his new office? Does his contract say he gets to keep all that stuff when he parachutes out in 1.5 to 2 years?
Mattel Deserves to Die
Mattel is evil. Always has been. Evil management. Toxic culture. There is no saving it, reckoning time has come. You can bring in a new CEO every year but it can't change the fact that Mattel has long outlived it's usefulness. There is nothing worth... — read more
Can we do it?
Mattel Tries to Recast Its Misfit Image https://www.gurufocus.com/news/680878/mattel-tries-to-recast-its-misfit-image
How Much?
How much does Ynot's contract pay him today? Think about it.
Might be time to quit
I think a lot of people here should read this article and see how many points apply to them. Judging by some posts, plenty might discover it's time to move on... — read more
Little Miss Tea & Crumpets
The latest chapter in this sad saga is that Little Miss Tea & Crumpets is going around the NYC office stating that she, alone, gets to write her own job description and has been offered to move to ES. The truth is this is all a lie - fabricated by... — read more
Why is this BoD still here?
These are the people who Selected CS as CEO, then MGo. Now they have been allowed to select Y-not. How many times will this company allow these idiots to make the same mistake before realizing they are incompetent? Wasn't twice enough? They should be... — read more
How many NYC office employees brought their kids to work today?
“Look sweetie, this is where (mommy/daddy) is getting fired from.”
Megacard? WTF Mattel??!!!
Who green lighted this garbage? Does anyone really think that kids are going to buy into this plastic outdated concept? What's next? Thomas the megacard? There have NOT been nearly enough layoffs at Mattel. Just sayin'.
NYC Office deserves its fate.
Years back the nyc office was filled with enthusiasts who loved toys, had shelves of their personal collection lining their office walls (DP being a prime example with his star wars collection) and would push for innovation. They were disruptive... — read more
Prediction: Mattel will file for Chapter 11 before the end of Q1 in 2019.
What are your thoughts? The prediction comes from this long thread @SN8DQMQ or https://www.thelayoff.com/t/SN8DQMQ
Wilmot CC & DC is closing - 135 to lose jobs
Wilmot (Wisconsin) call center and distribution facility is closing on June 29, 2018... 135 people will lose jobs.
Ynon's Compensation: Mattel Got Smart (After Getting Robbed the Last Time)...
Posted here: https://marketexclusive.com/mattel-inc-nasdaqmat-files-an-8-k-departure-of-directors-or-certain-officers-election-of-directors-appointment-of-certain-officers-compensatory-arrangements-of-certain-officers-7/2018/04/ In connection with... — read more
Class Action Lawsuit vs MGO and Incompetent Board
Hopefully the criminal act of both will be addressed in court. The shareholders were misled believing a Board that is clueless about the true state of the company. And MGO who never had any intent to stay, but signed a contract to destroy the company... — read more
"What we have here, is a failure to communicate"
I've seen many postings over the last 2 years, but it's clear that neither Mattel investors or employees want to face the truth about the company. Mattel is Barbie and vice versa - this is a malignant relationship that has ruined the company. By... — read more