Thread regarding Mattel Inc. layoffs

What happened to the turnaround everyone's been on about for the past two years?

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| 2921 views | | 18 replies (last February 1, 2017) | Reply
Post ID: @OP+LxJcpEf

18 replies (most recent on top)

Well done is better than well said.

Management Team: Do something or Leave - we've got no time or patience for you. It's February 1st - when is RD leaving?!

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Post ID: @6iul+LxJcpEf

Sounds like someone is "hangry".

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Post ID: @6hxj+LxJcpEf

Strategy without tactics is the slowest route to victory. Tactics without strategy is the noise before defeat. Getting pretty noisy isn't is. What is our roadmap leadership team?!?

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Post ID: @6vzf+LxJcpEf

Sounds like a great team you got there Mattel. Coworkers calling each other names. No wonder the stuff isn't selling

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Post ID: @5zom+LxJcpEf

Since when does a designer at Mattel make ANYTHING? They just farm it out to some outside contractor to do the work and then they parade around like the actual did it. Y'all spend your time swimmin' in the cement pond out yonder in La La Land.

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Post ID: @5suk+LxJcpEf

Duh... say whut? I had a pencil in muh ear... I wus tryin to aspire this wax out. Mebbe we shud jus let them peeple that don' how to make anythin take ovah. Them bein the smarties n all

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Post ID: @5xyl+LxJcpEf

It's typical for designer folk not to be able to think past the obvious or aspire to be better than they are, or to admire their successful competitors. Keep your head in the sand - that's the best way to make changes, just ignore all the evidence.

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Post ID: @4xnm+LxJcpEf

We're not working at a toy company?!? Oh crap. I musta missed the memo while I was out churnin' butter an workin' mah still. Dagnabit. Howmah gunna pay fer mah teeth?

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Post ID: @3vbi+LxJcpEf

that's funny the pilgrim thing. the only problem with your misdirection is that the truth of the market is still what it is. missed results from toy earnings equates to low investor confidence. no amount of magical promises of making bigger brands or moving beyond toys is going to change that dynamic at the moment. again if Mattel can't get something that's in their wheelhouse going properly how even the things that are not? but you keep the flame alive there. as you become the first one to get booted for not adding value to the bottom line. pilgrim.

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Post ID: @3apx+LxJcpEf

Ps - bet you sent your post from a public computer. No sense in owning any of them new fangled 'puters everyone at the General Store's been talkin' 'bout. Bet you don't trust anything that uses 'lectricity. Pilgrim.

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Post ID: @1htj+LxJcpEf

You, my friend, are a pilgrim. Stay with your horse and carriage and the rest of us will call Uber with our iPhone 7's. ANYONE can be in the toy industry making corn husk dolls, but having a brand that can be successful in MORE than just toys is where value and money lie, Hillbilly.

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Post ID: @1aib+LxJcpEf

Top heavy, needs serious streamlining and some strategic vision and execution. As of now everyone in the management is content focusing on short term in order to keep their jobs secure

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Post ID: @1dfz+LxJcpEf

its a toy company.

that is the metric Mattel is measured against. not in the magic musings of other things but the tangible things it delivers or fails to. if you don't believe that you're in denial.

it is the foundation that allows all other things at mattel to exist.

what Mattel needs is to seriously look at the top heavy structure. its like trying to run a mass market airline where the majority of your seats are in business class and the pilot is the baggage handler, ticket agent, flight attendant and janitor all at the same time. SO pay heed management as you are experiencing the continual cost of your reduction of the actual working force.

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Post ID: @1mlf+LxJcpEf

If Mattel is not a toy company, what is it??? No wonder the toys s--- if that is the mindset

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Post ID: @1chr+LxJcpEf

There's no turnaround because too many employees think they're working for a toy company, instead of taking a higher level view of what Mattel's brands and abilities could do. If you can't get your head out of the mud, all you ever will make is mud.

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Post ID: @foy+LxJcpEf

Let's hire some more consultants to figure this out, maybe reach out to Johnny Adler for guidance.

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Post ID: @rxz+LxJcpEf

It all boils down to only one thing: incompetent management decision making. When the industry grows 5% and your company declines, even after you divert money to artificially prop up Barbie from all other brands, you are in much deeper trouble than you think.

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Post ID: @nmi+LxJcpEf

Great question to ask Dickson and Sinclair at the next company update Q&A. Buzzword bingo: headwinds, constant currency, flat, anticipated, downturn, expertise, adjusted, moderate, expectations, indicators, Dreamhouse, Thingmaker, deliverables, innovation, quality.

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Post ID: @thi+LxJcpEf

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