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 

They are closing the HIT offices worldwide and consolidating the teams into Mattel as part of this. Something that should have been done years ago, but fiefdom protection reigns strong at Mattel.. Part of the HIT layoffs will be from redundancy, and... — read more 

While these are never wished for, I hope Mattel does this right - Really hoping that this round is one where the VPs and Directors who have been mediocre are part of the layoffs, as well as those who have been accountable for letting core brands... — read more 

We got hit today, 10 people let go

For the poster asking about dpts and levels of the folks who will be cut: FYI - we will know much more tomorrow on how things will play out and what departments and levels will be affected. I am making an assumption that we will be cutting the bulk... — read more 

Do you have any info on layoffs in the IT group, I cannot find any references on the web. I used to be with Mattel but left in 2008.

What percentage of employees should we expect to see cut this week?

Does anyone know which departments are being targeted in this week's layoffs? It's interesting to me that the interim CEO said we would be getting raises and bonuses yet this coming layoff seems like it will be the worst one in years...

Does anyone know how was the early retirement package structured? What was offered?

In all of my years at Fisher Price, I have never felt such a level of uncertainty. I can't believe that this is what has become of the company that I was once so proud to work for. I have a terrible feeling going into work this week, I can't imagine... — read more 

What really gets me about this whole thing is Stockton hedging his bets on the backs of everyone at Mattel DESPITE the fact that we did not make our numbers LAST YEAR. What person in finance gave the OK to set goals even higher for 2014 if 2013 was a... — read more 

80+ people age 50+ already took an early retirement package. Additional cuts are expected to be forthcoming. Some of the best seasoned employees are leaving and the company places no value on experience and knowledge of manufacturing. It is obvious... — read more 

I left LONG time ago, in 1999, 10% of the workforce was cut at that time. I hope it's not that big this time.

If the field reps are being reclassified as part time to avoid paying them benefits, that's reprehensible, but also sounds like something Mattel HR would do. Hearing it's either tomorrow (3/5) or next week on 3/12 as well. Hearing also that the cuts... — read more 

Things are beyond scary at Mattel right now. No one is going to be immune from this round of layoffs coming next week, rumored to be happening on 3/12. Everyone has been saving all of their work feverishly. This could have been managed a hundred... — read more 

I heard that we might have a major reorg in 2015. Probably Q2 or Q3 and that we'll have layoffs that will go along with shuffling P&L and departments. You never know what's going to happen but that's what I heard...

WHAT? Not one word regarding RIF in March 2014? A good number forced to retire or laid off March 25 2014.

Found an article from 1987 on this topic, I am sure things are different now.

Now we are hiring again? WTF? Vice President Global IT Operations (Supply Chain & Manufacturing Systems) search???

Another round is starting next week

The most recent layoffs were pushed by Kevin Farr, Bourgoine and Rasmusson have nothing to do with it...

How about Bourgoine? You bet!

Paul Rasmusson is delusional and has no strategy - he's all over the place and has proven that he cannot control the IT Group - he's one of the problems we have