Thread regarding Mattel Inc. layoffs

OK...OK put away your knives.

Let's face it. This is a new environment for toys that favors the nimble and the quick. Yes the place has still some room to adjust due the bloat of both leadership and process up top but don't pine for a return to the old days where there was no competition and Mattel made money hand over fist. This is your new world. If you really think Hasbro is better then go knock on their door.

Actually, being homosexual will help some people near the top keep their positions. Major Corporations have to be very careful when firing or laying off protected minorities. Every t must be crossed, every i dotted, to ensure there will be no legal exposure. This takes a lot of time and effort.

Being older is not considered the same type of protected minority, so they are easy to get rid of.

Old, homosexual, what does it matter? I don't care if they were young and had skin made of platinum, whomever is in charge isn't getting the job done.

Appears being douchey is your area of expertise...much luck...

so true. age means experience and in the right circumstances "expertise", none of which apply here but why be the douche calling the guy old? so what? that's about as offensive as calling the VP's in ea "old queens."

...so sick the new ageism...maybe you think he isn't competent or that he is an opportunist...and you might be right...talk about qualifications, ability, creativity etc....what does his age have to do with it? Seems a particularly thoughtless comment since you are communicating something positive...

Sorry but are you guys being too negative? Barbie grew 20%+ in the quarter. Cars and Jurassic Park coming next year. The clowns at top finally admitted the margins have to come down because MH and AG are collapsing (though they insist better product is coming). Outlook seems more positive than these comments imply. Besides CEO is old. He will be out soon. Don't you think that is a good thing?

Yes, the stock price is a joke. It went from 22 to 32 on bad results and a rumor that Hasbro was going to buy us out. The HAS things fizzled out, but the stock price stayed high. We've had two more quarters with bad results, and the stock hasn't dropped back to 22. There is no reason for it to be at 32. Expect a correction later this year.

Mattel's stock price is a total bubble headed for collapse, just like the housing market was. The singular priority of our simplistic, gimme-gimme, short-sighted "management team" is maintaining the dividend come hell or high water. Investors love that dividend, so as long as it's maintained, they don't give a crap about layoffs or innovation (or lack thereof). So Mattel will bleed its cash reserves to pay dividends and C-suite bonuses as long as possible while the gradual layoffs continue. The bubble will get bigger. But unavoidably the reckoning will come when there's no more cash for divs & bonuses, the bubble will burst, investors will take their "constant currency" abandon the ship which is still sailing into "headwinds" and foundering on the rocks. Mattel stock may be 32 now, but watch for 12-16 when the bottom falls out.

I really like the way they switched how the Q2 results were published now. Power point deck that is almost impossible to translate and the word for word transcripts including Q&A are no longer published.

The 3 Stooges/Chris, Richard, & Kevin don't even do that anymore because it just got too hard to conduct the shell game lies so they went and hid behind a power point? Typical..........

So, do y'all think it's time to start worrying about our guaranteed 4% in our retirement funds? After all, Mattel can't print money like like the US gov and since they're slashing throats (including their own) to pay the dividends, what's to stop these unethical, know-nothing creeps from raiding our futures? They're running out of people to cut and ideas to keep stockholders from bailing.

The hype does not match financial results! Losing more money on less revenue from previous year. How is this good and how can this be on track for any kind of turn around. We trail previous year in top line revenue, bottom line profit, and many other business metrics. This is a shell game of a company . There is not enough Q2 profit to cover dividend payout, so it is taken out if company cash storage. That account will run out eventually if the ship is not turned around. Ship is still headed in wrong direction. Executive management are liars to shareholders and employees.