Yet on their watch, Mat-Hell became a looney bin of arrogant, narrow-minded, uninspiring leadership. Innovation and creativity became insignificant buzzwords. Corporate culture went to hell, decisions and approvals were hard to get, only motivated by fear, schedule and cost. Check product reviews on Amazon, play value and quality is job #100. PLM only cost time and money, never saved either, yet it survives!. This $80 million failed initiative is the posterchild of everything wrong with Mattel. All the entrenched management needs to go, everyone VP level and up. Disney knows business and entertainment while Mattel only pretends to. A buyout by Disney would clean house, cut costs & salaries, and add stability and credibility to the formerly great name of Mattel. Act fast, Disney, because Mattel "management" is laying off talent even faster than their stock is devaluing and that talent is dispersing.
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Anonymous81754 Hit it on the nail, except a Disney takeover would make things worse. They're terrible too.
Toxic is exactly the right word for Mattel's culture or lack thereof. They have shown their true colors in this FIRST layoff. Anyone remaining there should have an exit strategy, the end is near.
We would be a major distraction for Disney, therefore they would never venture into the acquisition
Disney would be a Godsend for this TOXIC culture. Keep talking innovation while you usher talent out the door and cost it out of product. I used to be so proud to say where I worked. Now, I'm embarrassed. Innovate innovate innovate, unless of-course it costs to much. Here's some thing innovative, get to know your workers, trust your talented employees, don't let marketing have input on design, let them.... Oh I don't know....market maybe? Stop spending money on redesigning interiors of buildings with short walled offices and spend that money on investing in your employees. Here's a tip- free to management- creatives often work best with some amount of privacy so that they may actually focus. But, hey...who am I, just a peon worker, knowing that my number will be up soon when I get another week of vacation and my cost to the company outweighs my perceived value. Mattel an ethical company? I think not. You prove it to us every single day.