I witnessed the slow decline of the company in the bad leadership that was hired especially on the Design side. How can one call oneself a Designer if you can't draw/create anything? I saw a so called Director of Design hired who couldn't even use an... — read more
Office closures
How is it possible company locations haven't been consolidated by now? When I was at Mattel there was gross overlap between EA, NYC, Mega and EA. Constant conflict at the executive level and toes being stepped on left and right. Mattel is still... — read more
Everybody Do the Stock Price Limbo!
How low can we go? Today was $17.17, but surely we can all work to drop well under $15. Together Everyone Achieves More! Go TEAM Mattel! No one is laughing at us!
Times have changed
More layoffs are coming as the demise of the company is because of short sightedness of the Board for more than 10 years. While being solely focused on fashion dolls as the cash-cow, they never paid enough attention to the other brands to improve... — read more
An Embarrassment
The state of this company is a sad....sad story. I no longer can tell others from the outside I work here. Everywhere I turn the stories are negative and not getting any better. The stock is in a downward spiral. The mismanagement from the Board to... — read more
Mattel Stock Jumps Because RicDic...
... found a dollar under the Coke machine. Pure profit, no extra overhead! He used it to buy some comfort food.
Don't forget the "Bro Analysts" when you're making your list of people to blame for the disaster we're in
While it's fair to blame Senior Management and the Board of Directors for the plummeting of the stock and the inevitable sell-off of our once proud company, remember that there's a special place in "h3ll" for the young, immature analysts that... — read more
American girl new body type?
Are we getting the fat baby girl body now?
End of an Empire
I feel really bad about all the negativity surrounding the company. No one shows any empathy for poor RD. Can you imagine how it must feel to be held hostage by one's own greed of $11 million, only to be forced to watch as your Empire you built is... — read more
Way To Go MarGo!
You approval rating is climbing with each sweep of your broom as you clean house! Thank you!!
Hot Wheels Track Idea
If any Hot Wheels designers need inspiration for an exciting new track, just copy the profile of Mattel's stock price chart over the last year. All downhill and accelerating, with headwinds plus plenty of challenging bumps and jumps along the way... — read more
Learning to live without Barbie
After the dismal earnings report yesterday and the comedic and sad attempts to create buzz worthy news (man-bun Ken, WWE dolls) and the loss of foundational partners like Monster Jam, in recent weeks, it's clear we haven't seen the bottom of the... — read more
http://variety.com/video/mattel-cannes-lions-storytelling/
Had to go to Cannes to say what?
No wonder Mattel is failing
Just read how Hasbro executive bonus is tied directly to their performance on ROIC, return on investment capital. Hasbro ROIC is currently @ 17% with it's stock @ an all time high while MattHell ROIC is @ 4% with it's stock nearing a all time low... — read more
Even with all the recent dismissals
our stock is still floundering around $20. MGo needs to drop that ace a few dozen more times before investors start building confidence in mattel stock.
Progress
KFARR done. A dozen or so more to go Margo. Nice w HR. Cool with CIO. Clean-up the EVP situation next. Would make sure you reverse the bad RGRoss hires. The new CFO will remove the useless finance excess.
JA thing was just a sweetheart deal?
As an ES employee with no real exposure to the what's going on at FP, I always assumed the JA thing was just a sweetheart deal put together by RD to allow his buddy JA abscond with a small fortune in Mattel cash without really doing any work. Its... — read more
Mr. Rogers
Can anyone think of an individual, either dead or alive, who better personifies the ethos of the FP brand, as both an early childhood development company and toy manufacuter, better then Mr. Fred Rogers? I'm seriously asking, because I've been trying... — read more
Mattel has no incentive to improve
Why would anyone worry about turning the company around? The execs still get their millions whether the company does well or not. They know they have years to s---le before the ax falls. When it does they parachute away with more gold than they can... — read more
Q2 Report is imminent - wonder if we've turned around the company yet?
When the Q2 Report comes out, my guess is you'll see: 1) Barbie continuing in its decline, even though it's got more advertising % against it than any other brand 2) Cars 3 was incremental but didn't ship what they wanted because the movie wasn't... — read more
WWE in talks to move business to Hasbro.
word has it the licensining division sees greater growth and diversity with hasbro and feel mattel has fallen short on deliverables. expect them to find a way out of their contract soon.
Mattel being sued by investors
"The complaint alleges that during the Class Period, defendants made false and misleading statements and/or failed to disclose adverse information regarding Mattel’s business and prospects, including that prior to and during the Class Period... — read more
I'm going to burst
I was in a meeting today and can't believe what I heard. I can't say, because that would out me. But my gosh, we are led by the clueless.
Flaunting your ignorance of your business model is ALWAYS a good idea to do in front of the press.....
Congratulations to Mr. Best for single-handedly highlighting how entitled and ignorant our designers are of the business model they are working in: "The challenge , Best said, wasn’t vertical-height bias but merchandising. “It’s actually a stupid... — read more
How Low will it Go
Get ready for a new target price of $12.
My take on the whole M-Go technology connectivity initiative is this
My take on the whole M-Go technology connectivity initiative is this: I think the actual, number one, honest to goodness single issue from which all other problems stem from is the fact that the company has established unrealistic and uncompetitive... — read more
LA Times Article
Wow...the LA Times article...if everything were going great this would be a fun piece of PR for the brand re: diversity, fashionistas, etc...but read the article...awkward...people working hard not to be too negative...kind of bums me... — read more
Fashionistas
Ok, so I have to know, is this "diversity" angle working? Is it driving volume? Does the average mass market buyer or little girl care about man buns and blonde buzzcuts on women? Is this taking oneself much too seriously and what happens when you... — read more
Mattel has joined an elite group of
bankrupt or irrelevant companies such as Blackberry(RIM), Blockbuster, Sears and Jones Group. Maybe RD can go on tour and give his presentation on how he leads companies down the drain.
When RD was rehired in May of 2014 as the messiah of brands,
Hasbro stock was around $55, now it's at $110. At that same time Mattel stock was around $40, now it's at $20. Seriously, RD and his BS must go. He has to be held accountable...M-go, I'm sure your gut is telling you the same.
The new CEO
When do you think the new CEO was made aware of the fact that her new five point strategy is literally the exact same plan the company has supposedly been implementing for at least a decade? I mean, do you think RD had the decency to tell her before... — read more
The expense of giving investors a case of the sads
Here's why M-Go and the marketing boneheads who came up with the catch phrase laden presentation are still floundering without a clue: while it's true that kids have tablets and devices at a young age, THEY STILL PLAY WITH TOYS!! Just not Mattel... — read more
Investor Super Bowl Next Week.
It's make or break time. Next week we will find out what we have on the management team at the investor meeting. Time to see if the "c" team can be the "a " team and build credibility. If it doesn't impress Wall Street its time to move and make... — read more
#5 on this list cracked me up
Totally random post. Was researching the KKK in LA and came across this post. Don't know why they used Mattel for #5, but it made me laugh none the less. https://www.roadsnacks.net/most-racist-cities-in-california/
Context, and looking out for everyone.
in 1999, Hasbro stock dropped by about 50%, and the outlook for the company was dire. Immediately: 1. Many jobs at Hasbro’s main office were cut. 2. Hasbro’s Kenner office was closed down (only 70+ employees were retained and moved). 3. Hasbro’s... — read more
Face facts people
can we all just agree that this site is for the rejected former bitter employees of mattel who feel like the were given the short end of the stick and need to gripe, call out those they believed wronged them or just spew virtriol and wish the... — read more
I'll be part of the group that buys Mattel when they cut their dividend
Rest assured, I'll be part of the group that buys Mattel when they cut their dividend and will have great pleasure in carving up it's assets like a Thanksgiving Turkey. Fair warning: Any Management Team member still present when I arrive will face... — read more
How much have we spent on new leadership?
Talk about excess...M-Go, RD with a renewed contract (why?), JC, and J Starbucks at FP...holy millions!!! How many chiefs does it take to screw in a light bulb?
Of Divvies & Skivvies
Since we paid our last amazing 6% quarterly dividend yesterday (5/17), there is nothing to keep our stock afloat. Remember, the only reason the divvy looks so high is because our stock price is so low. That's not a good thing. K-Farr and the Bored of... — read more
Huge layoffs coming >30 days
I have been here for almost 15 years now, this round of cuts is going to be a bloodbath and once again the wrong people are going to be let go.