Thread regarding Mattel Inc. layoffs

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 weeded out about 30 jobs, some sort of monetary package and most likely a lifetime Employee Discount, whoohoo...! along with the opportunity to walk out the door instead of being escorted out and having the stuff from your desk mailed to you. Second layer of weeding out folks, got a performance review coming up? Well if you are targeted as one of ones to go then let's just walk you out before wasting time with that! Next layer---major operating system training, Don't want to train the undesirable employee? Meet them at the time clock and end employment.

Keep up the intimidation on a regular basis, having employees sign forms that remind them of the AT WILL employment they agreed to just in case they think that after these recent events are done they are safe.

by
| 2141 views | | 2 replies (last March 26, 2015) | Reply
Post ID: @OP+AHNxlcN

2 replies (most recent on top)

That is exactly what happened at FP in EA. We were the shining star for many, many years. Always making money. Some of the most profitable years in the history of the company. The first year we did not hit our unrealistic goals, they sent in their 'own' to "FIX FP". Now many years later, the company is in the worst shape it's ever been in. The people running the company are transplants from ES and know absolutely nothing about strategy or growing an infant/preschool company. They have eroded the market share and run this business into the ground. I don't see an end in sight as long as we have the senior management team in place that is there right now. A LOT of talk....absolutely NO action. NO decisions. Circular. And yet somehow everyone under the EVP level will get a bonus? Are you kidding me? SVP's and VP's should not be getting bonuses for what they have contributed to the decline of this once great business. The culture has eroded to a mentality of throw your friend under the bus to keep your job. It's truly dreadful. Time for me to move on. Look out American Girl. You are now on the radar of a business to be 'fixed'. Very Sad

by
| | Reply
Post ID: @hQR+AHNxlcN

This is so true, one hick-up and boom

by
| | Reply
Post ID: @Zpp+AHNxlcN

Post a reply

: