I would normally consider myself above all this. However, considering the pervasive Millennial bashing on these fourms, I am compelled to comment. It’s the older generation that has nearly ruined Mattel due to their astonishing lack of imagination... — read more
Revolt! Occupy the Tower!
Millennials, grab your sleeping bags and cups o noodles! Were gonna take it to the tower and demand more from management! We will not pay for their mistakes! We will not leave until we are satisfied that our jobs are safe and we can still still get... — read more
Simple
Direct quote from the CEO: The cost-cutting is focused on simplifying the company -- Mattel will reduce the number of products it makes by 40 percent. from an article on Bloomberg.
Accountability
On yesterday’s call RD couldn’t answer a simple question about overall POS trends. How does he not know the answer???!! Worst case, couldnt he just look at one of the reports that are sent out weekly and read off the answer? Maybe he was too busy... — read more
Maybe M-Go needs to go-go?
Everyone on this page talks about M-Go getting rid of various upper level execs. What about M-Go herself? She's leading this sinking ship. Maybe she needs to go-go? Ever thought about that??
How long before major layoffs are announced?
I give Mattel a week at the most for a big announcement.
The End
No more to say.
Layoffs next month?
Been hearing rumors at the office about incoming layoffs at Mattel next month, but can't find anything to confirm it or deny it. I should probably just ignore it, but unfortunately, my anxiety says otherwise. I was wondering if anybody here has heard... — read more
How much time do we waste preparing for and presenting to ourselves?!
It's ridiculous the time and effort wasted, presenting products to all involved, determining whether a product is fit for production. A more productive use of time would be to streamline the process, so more effort is spent getting the idea listed or... — read more
We need teamwork
Everyone still at Mattel is corrupt in their own way, it's the only way to survive at Mattel. Certainly all of mismanagement, for obvious reasons. The system encourages corruption there, VPs & directors are only concerned with hitting very short term... — read more
Early Halloween: Q3 Results Oct 26
Place your bets and update your resumes, there are bumps and headwinds ahead. I haven't noticed Margaret or any other insiders buying copious amounts of MAT stock. Might that imply a lack of confidence? Fright-wise, Halloween's got nothing on Oct 26... — read more
Innovation in everything, not just production
Found this in another thread, and I have rarely agreed more with something posted on this board. We are stuck in the old ways which is preventing us from moving forward. We need to change our entire way of doing business, not only rely on new... — read more
What do we need to do?
We all have our theories on why Mattel is doing as badly as it is. What can we do to turnaround the company? Is it even possible to do at this time? I like working here. Well, I used to like working here before layoffs started hanging over our heads... — read more
Mattel Layoffs 2018
I never thought that we'll see this, I was wrong. Rumors are flying. Rumors are rampant. Yes, we might have layoffs here in El Segundo.
Deleted posts
There were few threads and replies here earlier, but I don't see them anymore. Who and why is deleting posts?
Advice for the folks at FP
Your new marketing campaign with the talking babies is creepy AF. I think everyone can acknowledge that fact. No need to scrap the ads, keep the same voice over and just remove the dreadful lip sync special effect. That would be adorable. Your choice... — read more
Crapigami
the latest blue sky project that’ll never see the light of day.
Bringing in outsiders is not the answer
Mattel’s problem or fatal flaw is it’s inability to recognize that the problem is the system itself. The misplaced belief that outsiders will bring a different point of view that is enough to change direction is misguided. The outsiders will be... — read more
About time
Finally GZ is out. Took long enough. His legacy? Nothing ... Don't let the door hit you on the way out GZ
Manager Package Design NY
Either someone left or someone will be leaving. Not like we need another packaging segmentbsince the licensing has been weak as sh¡t!
Got to be Kidding
The new hires are comical. One street analyst said why would anyone want to join Mattel at this time. Well they are desperate and the only available are from the bottom of the barrel. That's why. BTW-What business does MGo think we are in.
Mattel IP
I hope the rumors are true. Amazon is looking to buy Mattel IP.
Mattel baby monitor getting criticized by congress now
Looks like the $300 Aristotle has many issues https://www.bloomberg.com/news/articles/2017-09-29/mattel-nursery-gadget-listens-to-babies-sets-off-privacy-alarms
Thomas & Friends Super Station Playset
Seriously? This is exactly why FP/Mathell is out of touch. Don't you boobs realize that space in the home is a hard-to-find commodity? Who in their right minds is going to pay that much, assemble, keep that hunk of plastic crap up? The ultimate in... — read more
$8 Stock Price
Based on an expected poor last two quarters of the year and a more reasonable P/E the shares should be around $8 at the beginning of the year. It is surprising that Hasbro nor any of the activists are no longer are interested. A sign of the times... — read more
Watch Your 401K
New changes to Mattel's PIP plan. Less for you. Mattel is siphoning off the top to pay ridiculous exec salary & bonuses. Watch it like a hawk before Mattel steals your retirement savings outright. Yes, the Board is that desperate.
Hey, where'd the post go regarding the Chief Strategy Officer?!
Does TheLayoff,com and the CSO REALLY think we're going to stop pointing out the criminal and incompetent offenses this senior "leader" is guilty of? Not a chance. Not until he's fired for grow misconduct and incompetence.
This is why you don't attach to one retailer
You want to know why the stock dropped so suddenly yesterday after the TRU bankruptcy announcement? It's the typical "I'll put all my eggs in one basket" Mattel rule of business: Hasbro - $5B company - stock dropped $1 to $93 per share - TRU owes... — read more
Mattel can't save itself, not to mention Toys R Us
From the article: Yet, the company, which operates about 1,600 stores globally, will likely survive because manufacturers such as Mattel Inc., Hasbro Inc. and closely held MGA Entertainment Inc. need the last remaining toy chain. I wonder how do they... — read more
TRU going down
https://twitter.com/TheLayoff/status/910267946353688576
Products that f
Early last year, Mattel revealed, to much fanfare, that they had created the first truly family friendly 3D printer called the Thingmaker to be released that holiday. Later they released a statement saying the launch date had been pushed back a year... — read more
Do what i say and not what i do
It's funny how we have to take a new Compliance Training course 3-4 times a year. Everything from insider trading, conflict of intrest, harassment, best practices...the list goes on. Everytime i take this courses, I can refer to at least one example... — read more
why are we wasting money on crappy thomas youtube cartoons?
who the hell is writing this crap and why isn't that content team fired? how is this turning into sales? such a waste of resources. We were supposed to be diving into AR 5 years ago and nothing has come of it and yet apple busts it out yesterday. we... — read more
Hr stop covering for employees engaging in illegal activity
You will be hearing from my lawyer...
Production shakedown
MG and/or Julianna got it right by showing JPistor the door. A big ego who treats her team badly and nothing to show for it - boring content, everything late, and no solid distribution. Maybe now production can get something done!
We need a better discussion space...
Need your help... Since we have a thriving Mattel board here that often discusses things beyond layoffs (often funny and witty, sometimes informative) I would like to see if I can put together a list with features that we may want to request from... — read more
Tough Decisions Ahead
Big Mac or a share of Mattel stock? Both the same price. Both are junk. Both are ultimately headed for the toilet. At least the Big Mac leaves a good taste in your mouth.
$15.20? Bring Back Jill !
Stock's in freefall, please bring back the old guard! Barad, Amerman, Kalinske, anyone with any toy experience is better than the overpaid noobs we have now! This monkeys & typewriter experiment has failed!