For example, CBS had $1.8 billion in U.S. profits last year, and received a federal income tax rebate of $235 million, while Mattel, which has paid zero federal income taxes for the past five years, received a tax rebate of $46 million in 2014.
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"more heads up top will roll"??? from the view down here, there are still two hundred VP's up top. TWO HUNDRED VP's. meanwhile, the underlings, the creatives, are getting whacked.
Surely someone has been cooking the books for a while to keep Mattel afloat. When the bottom falls out and the real financials are revealed, more heads up top will roll, plus a lot more little people will be shown the door. Yes, its going to get worse. Anyone who hasn't updated their resume and isn't actively job hunting right now is just plain foolish.