PLM's a turd. We all know it. It might have been a great idea in theory. But it's yet another big shiny thing that Mattel bought - another one size fits all mega system that requires a ton of manpower and never fires on all cylinders. First system... — read more 

The problem is that the company stopped managing as a design & marketing company, and started operating as a finance company. Sometimes, decisions need to be made beyond immediate financial impact. All of the time, decisions need to be made beyond... — read more 

After all, they were the decision makers who ended up driving the Fisher-Price preschool business into the ground. Mattel management never understood the preschool business so instead of leaving it to the experts, they got rid of them and drove the... — read more 

Disappointed, but not surprised. CEO Sinclair obviously didn't have the cohones to make the truly difficult cuts, like the CFO and head of HR, or VPs and SVPs who stood watch while Barbie slumped three years in a row. Had those deep cuts been made... — read more 

Classic Mattel "strategy" - short sighted, reactive, anniversary the same strategy as last year, the year before, and the year before that, give it some confusing new acronym, and hope that somehow things will turn out differently. Unbelievable the... — read more 

Mattel has tried to bleed dry their products to cheapen them and it SHOWS. Take a look at a Barbie ten years ago and one today, sheesh, stop with the resculpts already and just stop cost reducing the fun and magic out of the toy. The only thing I can... — read more 

What are your thoughts?

Entire creative team gone, the director was kept

While I'm hoping against cronyism and failing upwards (two of Mattel HR's strong points) I haven't heard of any VP or higher people that were let go in ES today as part of this. If this is true, this really is a sign that this is just more of the... — read more 

They will never learn. Layoffs happen enough at this company and continue. In fact they are saying if numbers don't improve there will be more layoffs in September. Do they really think the people that were laid off today are going to save the... — read more 

Wish I had the pleasure of meeting Herm Fisher, Irving Price and Helen Schelle. They would probably be more than disappointed in the current state of affairs. And I do believe that Ruth and Elliot Handler would probably feel similarly. Fisher-Price... — read more 

I left Mattel a year ago after more than several years, got a severance deal ahead of the layoffs and never looked back. One of the best decisions I've ever made. Total garbage company full of empty suits, greedheads, corporate drones. From what I've... — read more 

Mattel just let all the 50+ year olds go who actually knew how to make toys. The bean counters only kept cheap junior level guys who know Photoshop. Don't expect any innovation from Mattel anymore, just disappointment in a box. And no VPs cut yet... — read more 

Reach out to your fellow coworkers. Even a quick email. Don't turn your back.

Is anyone surprised at how this turned out?

Anyone?

Just heard from my buddy that they laid off over 10 people at American Girl? Man...

Employees there with over 15 years... so sad :( AG is not even doing bad on the numbers

Any news on this?

They escort you out immediately and send your stuff to you later (HR goes through your stuff and decides if it is yours or the company's). And HR gets your coat. There will be security guards around, rest assured.

Let's have him back, the mess would be gone in 6 months. What a group of sorry losers

Cheers all....here to hoping that this includes not only to VPs though...this has to go even higher to the biggest decision makers and executives in charge of this mess...hoping that there is some ownership that happens here. They can't only be... — read more 

Yep, that's what happened to us. We are not dead yet, but we are bleeding profusely. Not sure what to do! I am very sure that the fat cats with million dollar compensation packages know this less than I do. They are here to extract as much money form... — read more 

Does anyone have numbers here? 5 people? 10, 100? I left in 2012 on my own, but still care for a lot of folks over there

The upper management in Mattel/Fisher-Price needs to go. They are absolutely clueless when it comes to the modern consumer. Enough of the 50+ politically gained positions. One success should not a VP make! Enough watch-me toys! Vreate products that... — read more 

It'a a low number unless you're one of them. I'm sorry to everyone who may have lost their job today. It is truly a shame when loyal honest workers are let go because of $$$$$ in favor of people who may be connected to more people. The names I'm hear... — read more 

Long time hard working folks in the NYC Fisher-Price office are being shown the dooor, but the question is: Will the people at the top be held accountable for their poor direction?

Good luck to all...today is the blood bath.... We can only hope the VPs get hit as well not just the peons making peanuts which wont effect the bottom line much at all....

Insanity: doing the same thing over and over again and expecting different results." - Unknown Can Mattel layoff it's way to success? Tune in next year to find out!

I've only been at Mattel for a couple of years now, but I've been through quite a few layoffs already. I've never felt as uncertain about my job as I do right now. My question - If I end up being selected for the layoff, what should I expect in terms... — read more 

CFO should ABSOLUTELY go. Who do we have to thank for all of this? The person who advised Stockton that his unachievable goals were a good plan for the company then approving this plan. For someone that has access to the highest levels of company... — read more