Do you have any info on this? Does Electronic Arts have plans to buy Mattel? If yes, what's the plan. I am not fishing for insider info, I am just curious about what the rumors are. I do not work for either company but I am interested in the... — read more
So, what's next?
Anybody wants to venture a guess on what's next to close? It's obvious that Mattel is going to go the way of Toy R Us, it will only take a bit longer to get there. We've been a one trick pony for far too long, and with the general state of retail... — read more
String 'Em Up!
Netflix exec bonus scam has shareholders filing lawsuits. Our execs deserve the same! http://variety.com/2018/biz/news/netflix-accused-executive-bonuses-1202750517/ What's holding up that class action suit against Mattel last year? Make it rain... — read more
RD's audacity to blame NYC real estate market
Did RD honestly stand there from one of the only places in America with a higher cost of living and real estate market than NYC place some of the blame for closing the NYC office on the real estate cost?
Thanks, M-Go and HR!
Thank you for laying off some really talented toy people. We're any number of other toy company nearby and we're hiring these people! Your lack of insight and experience has dismantled a world class team and scattered man-years (make that... — read more
Another fantastic failure
https://www.engadget.com/2018/04/10/fisher-price-sproutling-baby-monitor-review/
The loss of trust
There is a palpable loss of workers trust for our management team. Why? Because it is painfully obvious that they do not suffer with us. They ask us to sacrifice while they are unwilling to do so. Great leaders go first. Great leaders suffer with... — read more
Shut down a whole office and post jobs openings on LinkedIn
Whoever handles the company LinkedIn page deserves to be fired. This is in such bad taste - https://www.linkedin.com/feed/update/urn:li:activity:6389165671976042496
Let's try this for a change
How about this: A new CEO with LOTS of TOY INDUSTRY EXPERIENCE instead of one with ZERO TOY INDUSTRY EXPERIENCE? Fire everyone else from the BoD down to VP level. Combine all those salaries into one fund. Spend HALF that total to hire Hasbro's CEO to... — read more
https://twitter.com/TheLayoff/status/983452009532739585
https://twitter.com/TheLayoff/status/983452009532739585
I am sorry
My heart absolutely breaks for all of my old friends in NYC. Some cannot re-locate and others are past the age of gainful employment in the marketplace. I do hope they are taken care of though I do not see how in the company dismal state.
NYC office closing
Well, i guess we all knew it was inevitable.
MGO $31million in 2017
Nice comp for putting a company near bankruptcy. She is totally incompetent for this company and role. C’mon Board take action for once.
Stanley Speaks for Mattel Employees
Stanley speaks on our behalf to RD, M-Go and all the other professional idiots in upper management and BoD who have shamelessly pi$$ed away the reputation, talent, and future of our once-proud company. https://www.youtube.com/watch?v=gIiMt9GgyDY
Mattel's Kiss of Death for Tynker
https://news.mattel.com/news/mattel-expands-partnership-with-tynker-setting-goal-to-introduce-10-million-kids-to-coding-by-2020. What a crock of shi+e! Mattel knows nothing and cares even less about coding and STEM educational toys. Even if Tynker... — read more
Forget Waldo, Where's Sinclair?
Somebody here said old man Sinclair is out. High time, but Googling finds no record of that. Find that useless geezer! He belongs on Skid Row. Possibly prison.
The Calm Before the Storm
Shi+storm, that is! Witness Mattel's disruptive NOT toy, P--paroos. Our latest derivative, copycat, catch-up product. A pity it lacks Wifi AR+VR. It's the end of Q1 and we all know that more layoffs are imminent, but it sure looks all peaceful inside... — read more
When will the layoffs start?
Now that Toys R Us is as good as gone, how long do you think it will take before we feel the absence in our bottom line and those on top decide to solve the issue the only way they can - with layoffs? Mattel is having issues as it is, this will just... — read more
Funny and sad
So, I was just on TRU board, and it seems that the latest strategy to save the company is wait for it...wait for it... a gofundme.com campaign! It's both laugh out loud funny and sad. Now it feels like the world is simply making fun of us and what we... — read more
Stock=Roller Coaster Ride
I can't think of another stock besides Mattel that porpoises up and down 10% every other day. What a ride for our poor investors. There's absolutely no good news to be told, so when the stock rises, it's only because there hasn't been any bad news... — read more
To all the defectors that left Mattel for TRU:
Anyone trying to go back? Looking to go freelance? Whats the plan of action?
Toys R Us blames millennial for not having kids as part of their demise.
Yet another company not being accountable for their failures. Glad the guy who started the company died the day before their demise was announced. Probably died of a very wealthy broken heart. So what's Mattel's excuse? When is the chapter 11 filing?... — read more
Investors are their own worst enemy
Investors feel confident - stocks go up. Investors feel scared - stocks go down. Why are Mattel stocks down?? Investors, simple as that. Huge changes have happened. The revolution is underway. But do the investors “get it?” Of course not! Zero... — read more
12 dollars and beyond
What are you hoping for? There is no plan. There is no miracle product. There is only the consequences of lack of accountability, lack of decisiveness and an unwillingness to change the way things are run. If you are a fan of survivor then stay... — read more
Me too in the HTC
There is a long-standing never talked about problem with s-xual harassment if you are a female and you have to interact with a particular older male in model shop. please let me know if I'm not the only one being harassed. ..
Down We Go...
This is a slow, downward spiral. The “plan” from the top is to cut $650 million in operating costs just to break even and take on more debt at the same time. The “restructuring” has just meant cutting jobs from the top to the lowest levels with no... — read more
You heard it hear first.
From what I've been hearing through the grapevine, it's looking like a 2nd quarter bankruptcy likely. MGo alluded to this at the last earnings call, saying "We have taken aggressive action to enter 2018 with a clean slate so we can reset our economic... — read more
Hasbro Rules!
ZERO activity on Hasbro's Layoff.com page for FIVE YEARS except for one bonehead question 4 months ago about Hasbro buying Mattel. That's a well-run company. Why? Because everyone from the CEO down has years of toy experience. They are everything we... — read more
Only a matter of time...
Only a matter of time until Mattel calculates the financial fallout they will suffer from Toys R Us demise. Wouldn't be surprised if it results in a layoff of 10% or more of the staff in the coming month.
Edit-Correction
A previous poster predicted a big "Rebound" This is the editing department, need to make a correction to that post. It's not a "rebound" coming, it's a "re-possession" of Mattel employees' cars when they get canned. I've also made a recommendation to... — read more
Huge rebound ahead
Most of the trolls here are probably sour grapes who have been let go. Seriously, we feel for you, wish you well, and know it could be us next. But what is being misrepresented and lost in this weird bickering is the truly magical feeling of change... — read more
Save Mattel
Sell off FP and AG. It could be a win win for everyone.
Optimistic
Working at Mattel has been rough sometimes. Layoffs s---, we all can agree on that. I feel for those let go. I've been lucky so far, but that could change, and I know that. People come and go come and go again. There are some really negative people... — read more
Bain Capital
Both the Toys 'R' Us and KB Toys LBOs were orchestrated by Bain Capital. In 2005, Bain teamed up with KKR & Co. and Vornado Realty Trust to take over Toys 'R' Us in a $7.5-billion acquisition. The acquisition saddled Toys 'R' Us with so much debt, it... — read more
Breaking my News! new strategy to reconnects
El Segundo, CA- Mattel has announced plans to set up kiosks in malls and street corners to make up for retail loss. Office workers will be expected to run stands on staggered shifts to be able to interact with a lost consumer base to gain greater... — read more
HOW ANYONE CAN DEFEND THIS DUMP?
Seriously, there's nothing good about this company. The stock is garbage, the product is garbage, and the people who work there are garbage. Your values are all twisted at Tha giant meatball. Because of these three facts your demise is immenent and... — read more
RIP Toys R Us: Mattel is Next
https://youtu.be/VvTplYFJUFQ
Polly's Hot Pocket
Whose stupid idea was to try to revive that dead unsuccessful franchise? The previews look like garbage and not sure how many little girls want to carry around a clam. I can already imagine little girls playing with their clam and the little people... — read more
Stop Dreaming about A Hasbro takeover
There is little chance a monopoly the size of HAS + MAT would be allowed. The Sherman Anti-Trust Act is not an easy nut to crack.