Thread regarding Mattel Inc. layoffs

Alan Kaye unfortunately is a big part of the problem. Mattel HR enables the worst in Mattel and allows mediocre to poor to survive and thrive. Moving people around if they've failed for several years in a group isn't a solution - it's deferring what needs to be done. TRACs? CAP? All of those tools are useless. If Sinclair really wants to change Mattel, he needs to start by firing Alan Kaye and most of his HR chronies and get a real HR team in that understands what's needed - and when managers have streams of people quitting on them, takes action and removes that person (looking at you, NAD) vs. ignoring the problem. Part of HR is firing people that aren't cutting it, are detrimental to a company, or can't move to the next level. Instead, HR moves the problem to other groups. That's not HR, that's passing the buck.

If Sinclair really wants to make a positive step, bring in HR from outside and clean Alan's house. It's the only way you can change the culture, which is what is most critical for Mattel to make the changes it needs.

All Allan K ever did was to come out at Company updates dressed as a turkey to promote that employees go on that Turkey Trot to reorg Mattel product @ retail.

Ironic/funny that one of the highest paid Mattel execs who does absolutely nothing but go to pro basket ball & Hockey games on Mattel money dressed up as turkey because he sure is one.

Well, AllanK, time to stop drinkin' the kool-aid and see what u've done...

It's so sad because I remember back when there wasn't a ton of SVP's, VP's, & Directors who did absolutely nothing but make the wrong decisions, hamper the Creative process, travel to worthless meetings to HK first class & contribute nothing.

Designers could design with skill not talk, & voice their opinions on their own concepts without being labeled " a loose cannon with a bad attitude" which is what happens today.

It was fun going to work unless you had a moron manager which does happen but reorgs always happen to counter that if you wait long enough.

What was once a really cool place to work became a cesspool of two faced phony so called upper management & non drawing Designers who take the credit for others work. How the mighty have fallen, number 1 in the 100 Worst Companies to work in. Yikes.

Yes, I do think this is a move in that direction. If we weaken enough from the stock price perspective, we will have to go the PE route, I do not see any larger company buying us in the condition we currently are. When you see mergers and acquisitions you mostly see strong companies buying weaker but still well operating companies, nobody wants a liability. So, I do not think anyone will buy us (remember the Disney rumor?). PE is a much more logical choice because they can load us with debt based on the cash flow that will become healthy once they cut 50 to 70% of workers and annihilate the executive ranks (that's where we are hemorrhaging money anyway).