Topics regarding layoffs at Mattel Inc.

Topics regarding layoffs at Mattel Inc.

Design and marketing

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 

My husband was cut this morning from EA!

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 

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| 1800 views | | 1 reply (July 25, 2018)
Post ID: @OP+Ujbc4xB

SBDC

Anything at SBDC?

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| 675 views | | no replies yet
Post ID: @OP+UjuQhmj

How big is this round?

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.

Nothing on my end yet

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?

Not looking forward to tomorrow

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 

Payroll Tax Rate

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 

Crystal Ball

There will be more layoffs before earnings and after. Mattel is in a downward spiral that is impossible to crawl out of. Only question is can they find a buyer before bankruptcy needs to be filed. Earnings will probably be a complete disaster just... — read more 

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| 961 views | | no replies yet
Post ID: @OP+UiwG9gU

Mattel Departments

Do you know which Mattel departments will be hit in this round of the layoffs. Also, what positions will be impacted the most and what locations. I know we are all guessing but I am hoping that someone who might have more insight into what will... — read more 

FP hang on to your seats!

Show and Tell is set up for an all employee meeting and it's not for Thursdays town hall. Source is saying it will be 50+ ppl. Anyone hear anything else?

How bad will the results be?

So, how bad do you think second quarter results are going to be? And how soon after the announcement will we see more layoffs at Mattel, since that seems like the only thing they know how to do lately to try and placate shareholders? Imagine if they... — read more 

Hey NYC Peeps!

If there was one person who’s desk you could leave a hot steaming dump on before you made that final walk out the door, who’s desk would get your “care package”? Asking for a friend.

It’s the people that work here, the friendships we have, that sense of family, combined with our collective talents...that is what make this a g

No, this is not some HR bull crap, this is what it truly is like working for our company. I have worked for Mattel/FP for over thirty years and yes we have had a lot of misguided leadership, but what continues to make this company so great, is our... — read more 

Could we please get back to selling real toys?

We need to get back to selling Barbies that girls actually want to play with, not dolls we think will appeal to their feminist mothers. My own girls want a Barbie who is tall, thin and pretty. Does anyone seriously believe girls aspire to be fat... — read more 

American Girl?

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 

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 

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| 2700 views | | 10 replies (last June 12, 2018)
Post ID: @OP+Tv9yBpL

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 

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