Thread regarding Mattel Inc. layoffs

Has anyone heard rumors of MORE layoffs? Today someone told me August or September they would be making more cuts. Is that just paranoia?

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| 571 views | | 10 replies (last September 26, 2015) | Reply
Post ID: @OP+BoLbJ0s

10 replies (most recent on top)

Morevlsyoffs are coming in October in El Segundo on all departments!

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Post ID: @2hnyD+BoLbJ0s

"WHO ELSE IS LEFT TO LAYOFF?" Really? How about those responsible for our current state. The SVP's and VP's that never stood up for doing what was best for the company versus their own interest. We all know who they are and what value they are NOT to the recovery of Mattel. Especially at $200K+ a shot. To see them walk the isles of ES Mattel is an embarrassment to our past heritage of being the number one toy company in the world. It just goes to show that an over abundance of parasites can take the life out of any great living thing. .....Following the SEPTEMBER LAYOFFS TO COME, Senior top mgmt. will need to amend some basic business practices again. The change: A VP ca now have a minimum of 15 individuals (versus 50+ for most other public companies) in their organization to justify their position. In that manner 2 directors, 6 managers, 1 admin and....6 "actual" workers can just make the numbers. ....Mattel's type of INNOVATION at work.

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Post ID: @8O42+BoLbJ0s

I kind of like the useless ones. They're like that one fat ugly friend that makes us look better.

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Post ID: @7KiD+BoLbJ0s

if you're useless you should get laid off dipstick

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Post ID: @725P+BoLbJ0s

Who else is left to layoff? They got rid of all nonessential staff and some essential as well.

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Post ID: @6pKC+BoLbJ0s

This company is a total shit show

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Post ID: @5XGN+BoLbJ0s

I heard from two separate sources that it will be in September

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Post ID: @50zz+BoLbJ0s

I've worked at Mattel for years and I can't remember a time when there weren't rumors off layoffs. If it's a scare tactic used to get people to work harder to keep their jobs then it's an outdated tactic.

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Post ID: @3dHg+BoLbJ0s

Definitely more after the June retirees leave. Probably September

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Post ID: @353y+BoLbJ0s

It's not paranoia when it's reality. Like smelling rain before a storm. I believe they call it forecasting.

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Post ID: @2kvn+BoLbJ0s

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