Thread regarding Mattel Inc. layoffs

Are we getting equity awards this year?

We normally get these around end of July but the planning tool has not been opened up for managers. Is this another cost savings initiative?

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| 1601 views | | 3 replies (last July 22, 2019) | Reply
Post ID: @OP+1079Ocvo

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They save that money because Mattel get sell

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Post ID: @3ate+1079Ocvo

Nope, just heard from my manager that they cut equity awards for everyone below the VP level. Another cost savings initiative, if they gave out RSU's with our stock price being so low we'd all get the benefit if/when our stock price ever goes up again at the next vesting date. The company needed to protect itself from employees getting too much. Don't worry, the executive team is not impacted by this.

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Post ID: @3mdl+1079Ocvo

Absolutely! You deserve it! Get that new house! Dig that pool! Buy a Ferrari! Mattel's house is in perfect order! Nothing can go wrong now that Ynot is driving the bus!

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Post ID: @afs+1079Ocvo

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