Do you think there will be Mattel layoffs? Any chatter, news or rumors?

If Hasbro is having layoffs, you can bet your behind that we'll be having layoffs sometime soon. If there is something this management is good at, it's copying others and following industry "trends." I'm betting you we'll find out about cuts sometime... — read more 

The intent for any children’s product is that accidental misuse should never cause the death of a child. Every product goes through rigorous safety evaluations to determine the likelihood of misuse and the severity of its outcome. From that... — read more 

Has anyone heard rumblings about packages being offered for early retirement at FP, possibly in November?

Phase one of the full FP campus dismantling is apparently underway. Rumor has it that the hill has been sold, likely the houses and cabin on Girard as well to go with it. Ynot comes to town October 7th and just added an M&A/ private equity leader... — read more 

That time of the season!

https://www.cpsc.gov/Recalls/2024/Fisher-Price-Recalls-D-mbbell-Toy-in-Baby-Biceps-Gift-Sets-Due-to-Choking-Hazard Bad enough FP is "partnering" with John Legend (how many kids give a cr-p about John Legend), but now FP is taking out even more kids... — read more 

SICK and tired of WELL PAID staff ignoring extremely poorly paid staff. Especially the ones with a GED only who earn a fortune in the litle pals network but the rest of us are paid nothing.

we put up with the most ridiculous sh-t from this company and other toy companies. i’m tired of pretending to be okay with the state of things. we really need a change.

https://www.reuters.com/markets/deals/buyout-firm-l-catterton-approaches-mattel-with-acquisition-offer-sources-say-2024-07-22/

Does anyone know who handles customer service for Barbie and Hot Wheels collectible brands these days?

I work in the office in NY and make $500.00 dollars a week after taxes with an MBA. Maybe you get paid, but I sure don't for Full Time work. Company leaves people in poverty. Seriously, I'm starving working here. It keeps getting worse. Never... — read more 

Mattel has made shareholder value disappear. With slight of hand, Mattel has transformed once iconic brands into NOTHING of the likes of MEGA, American Girl and Fisher-Price. When will shareholders revolt getting rid of Ynon and the VP's across all... — read more 

There are a few WI AG teams that remain working remotely. Do we think it's only a matter of time until they are replaced by ES people? Anyone know anything?

Are you all that are still hanging on looking for other jobs? Like, have you been happy for a while there, but not anymore? Seems like its even worse now. More work less workers.

Let me have it.

Thanks Chuck for your years leading Fisher Price. Best of luck in your future endeavors. Let’s hope the new guy from Mattel shows the same passion for FP you did!

Looking back now, who in their right mind would work for a company for which a website was created specifically to indicate how much uncertainty exists within Mattel. This cycle of layoffs has been going on for 30yrs…it’s a travesty!

It doesn't appear that there was a notification to the Department of Labor per the WARN Act for these layoffs. "The New York State WARN Act requires businesses to give early warning of closing and layoffs. Businesses that do not provide notice... — read more 

People that were given offers in California and people that were on teams that weren't moved still got laid off yesterday. People who got offers, still technically have a job but have to go through the whole motions of being laid off until their... — read more 

Mattel execs have continuously put bottom line margins above people across the entire company. The company can have great bottom lines during the year and still give paltry raises and have yearly layoffs/restructuring without having a definitive plan... — read more 

Today's the day at FP...

Thoughts?

Did they really just play the song " money money money"? How fu--ing tone deaf is all this self pleasuring non sense when they let go of people and shutdown businesses? Also, that team in China saying "thanks massuh for your jobs" 😭😭 All of this... — read more 

Mattel Announces 2024 Virtual Investor Presentation February 20, 2024, 4:05 PM Eastern Standard Time EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) today announced that it will host a Virtual Investor Presentation to provide a... — read more 

What is the current Mattel severance formula?

Incredibly sad, but not surprised to hear what is happening to Fisher-Price. Since acquiring FP, Mattel has burdened this once great company with its price value su-king cost structure. Just like a parasite, pillaging and su-king profits till there... — read more 

“Execution on our toy strategy was strong and we made meaningful progress in entertainment across film, television, digital and publishing,” Kreiz said in the company’s earnings release. “We ended 2023 with the strongest balance sheet we have had... — read more 

Mattel leadership announced to FP employees today that ImagiNext, Thomas, Barney, FP Entertainment, etc. are moving to El Segundo. They can't share any more details at this time - who's staying or who's going, etc. Thoughts?

https://www.reuters.com/business/mattel-draws-activist-investor-seeking-changes-toymaker-wsj-2024-02-01/

We’ve made it 2 weeks past stupid rumors, and no layoffs happened. The Barbie movie has officially saved everyone, right, hmm?! The mass layoffs that Cloudfare, UPS, etc experienced is going to miss us?! There must be a Barbie 2 movie in the works... — read more 

We raked in a buttload of money with Barbie - both the movie and the products that flew off the shelves in the last few months. I thought we were doing well enough for once not to have to worry about layoffs. So what the he-l is going on? What needs... — read more 

Layoffs next week!!

Do you think there may be small/medium/large Mattel layoffs? Any chatter, news or rumors?

Major layoffs at Hasbro. Considering that Mattel stock also fell this week, I would be surprised if we're not next on the list for layoffs.