Curious if the boneheads at the top see a shift in the results or if the results even matter to them.
Breaking news: Mattel changes its name to Has-Been
Deperate for a newsworthy change, the new "disruptive" name is truth in advertising, and will help by confusing customers. The hope is that the company formerly known as Mattel will be perceived more favorably if it is associated with more successful... — read more
THERE IS NO CHANGE WHERE IT MATTERS
From within.... in the areas responsible for creativity, there is no change where it matters. Those responsible for allowing us to get to this low point are still in charge. Their interests obviously and continual come before Mattels. Their old... — read more
Design Layoffs
Quick recap: Most, if not all, of those laid off were from design. Those whom were largely not effected were marketing and senior management. Now, we are partnering with outside 'creative' companies to help us come up with 'creative and innovative'... — read more
Hasbro and Spinmaster
Hasbro and Spinmaster are skimming and Mattel is still scamming.
Senior mgmt's 5th "Play" value
All of us remember senior management's declared corporate values "Play with Passion," "Play Together," "Play Fair" & "Play to Grow." Wow on that "Play Fair" one, right? The 5th one that was omitted from public release.....Play until your incompetency... — read more
The REAL Tragedy of Mattel
Great designers and marketing types alike are fleeing Mattel's toxic culture for greener pastures at other toy companies. Shamefully, there is no security, no loyalty, no passion left at this once-great company. Between layoffs and people quitting... — read more
Mattel proxy vote: cast your ballot if you have stocks!
I just received mine in the mail and I voted against the entire board as well as against everything else these entitled wastes of space recommended. Let your voices be heard! If you received the info (provided you have stock in mattel), VOTE!!
Q1 Earnings call
What did you think of Richard Dickson's announcements during the earning call? Lots of potential or empty words?
My boss in NYC made a comment today that "everything's back to normal, everyone should stop trolling the sites looking for dirt on mattel"
Unless dysfunction and piss poor management are the norm I'm going to keep coming back F-you very much you pompous ass. The people running this place are tools and the guy they put in charge of the NYC office is an old school tool who has no clue on... — read more
Stockton fired, not resigned - how did Mattel PR get it wrong?
When your head of corp communications knows nothing about her job because she was sent there as punishment for watching Barbie sales slump 3 years in a row, mistakes are bound to happen. But why should she pay attention now when she didn't for three... — read more
Are we all beginning to benefit from greater energy and focus throughout the company from our new game plan?
I must have missed the meeting. Can some one tell me if a specific game plan was communicated to all fellow Mattel employees beyond the obvious....the notice that your services are no longer required. The excerpt below was taken from a Buffalo... — read more
107 Workers Laid Off by Mattel
Featured in LA Times: http://www.latimes.com/business/la-fi-mattel-layoffs-20150401-story.html
Sinclair? Honestly?
We needed some new energetic blood with toy experience to come in and radically clean house at the top. Instead we got a stodgy 64 year old who will maintain the status quo. Stock fell immediately. Should make for lively conversation inside the big... — read more
How did your raise & bonus make you feel?
Getting a tiny raise and bonus on the heels of layoffs and strongarmed "retirements" leaves me even more concerned about management decisions. Last year, the official party line was "no raises or bonuses, so we can avoid a layoff". But many people... — read more
MAT Q1 Results - Going South
Wait until the Q1 numbers come out which will be horrible & can't wait to hear the temp CEO talk his way out of that mess. More headwinds, wish there were tailwinds, POS this, POS that, which is all BS, BTW......... NeverAfter High never took off &... — read more
Mattel- What's next? More of the Same
I had really hoped that the dismissal of Stockton would change some of the major issues facing Mattel. First, that would we dissolve the nightmare that is the NAD. The roles across every discipline are duplicitous-strat, finance, marketing. The... — read more
Another Fisher-Price story...
It was one of the saddest thing I ever saw. The death of Fisher-Price because of the arrogance and ignorance of Mattel management. I know that much like this has been posted before, but I feel the need to say it again, in my own words. Fisher-Price... — read more
Asleep at the wheel? Major stock holders: Vanguard, T Rowe Price & Bank of NY
How long will they allow this ship to flounder before they demand a change of command?
Another Bullseye Article on Alpha
Mattel management, are your ears burning? Get of your butts and READ IT! http://m.seekingalpha.com/article/3032716-mattel-the-fork-in-the-road?source
Private Equity Ownership or Leg-tel?
Cut the crap, people. Mattel's problems are much deeper and more firmly entrenched than just a few at the top. I suspect the best use of Stockton's "deep institutional knowledge" and the only reason to bring him back (or for him to want to come back)... — read more
Typical Career Path at Mattel
First year: bedazzled by systems complexity and bright colleagues. Second year: bonus sucked, I must pull harder. Third year: it wasn't really my fault, why is my bonus == shit? 4th: wtf am I doing here anyway? I know my stuff, my friends have left... — read more
This is how this story ends...
We are going private, period. There will be a Private Equity takeover soon. The PE guys will pay a small premium to the shareholders (they will wait for our stock price to drop even more) and will be taking the company off the market. Once they move... — read more
American Girl Shakedown
Mattel only made money in the last few years because American Girl did. Now one lousy year and no job is safe. The employees who have been with the company the longest are now targeted for dismissal. First it was Voluntary Retirement sign up which... — read more
Stock value drops below 50% - hire more consultants?
Mattel's stock has lost over 50% of its value in 14 months. This should register as a milestone for the BOD. Will they finally act and clean house at the top or continue to keep the course? Unfortunately more layoffs are probably their best plan.
Why is wheels getting rid of all the women in power? It's like there can be no more than a handful females in leadership position in that group
at a time. Wouldn't want to be a female manager director or VP in that group or I would know my days would be numbered. Guys, it's not 1950
World Class Designers Needed
Here are some open positions: Designer Dolls & Playsets - Culver City, CA, Fashion Doll Designer - Culver City, CA, Jr_Designer - Culver City, CA, Packaging Designer - Malibu, CA, Costume Designer - Poway, CA - Principals Only - for more details... — read more
This is an LA thing guys
Every major company here in LA has a poisonous culture driven by ultra egocentric executives. No executive anywhere in the world has a bigger ego trip than a typical LA executive, this culture percolates into middle management and grunt ranks. If... — read more
It's how Corporate America is
I feel bad for those who are unhappy with the way things are. But unfortunately it isn't anything new or uncommon. For another example of corporate greed just look to some of the comments employees of Dreamworks are making on this site about their... — read more
Another layoff slated for 3/25?
I saw this in a previous post: http://www.edd.ca.gov/jobs_and_training/warn/WARN_Report_070114_032015.pdf (Do a search on "Mattel") After searching it says that 128 people are slated for layoff on 3/25. Please check for yourselves.
Mega purchase wasn't just blocks
I think the creative toy is the future and the Mega purchase wasn't just blocks. Besides at least they tried something different for once. It was actually making an effort to venture into a new category. Most of the backward thinking processes that... — read more