Thread regarding Mattel Inc. layoffs

You know how we got here

MGO doesn't understand that COST CUTTING is one of the biggest drivers for getting us into the state we are in. We cost reduced our best and brightest designers out of the company and replaced them with less expensive millennials with no expertise. We cost reduced the products in order to pay for the enormous overhead our bloated, inverted triangle requires. We cost reduced the engineering by relocating it to China, where the most expedient solution is always the answer, instead of doing things correctly.

The costs that need to be controlled are the golden parachutes and the salary/perks for those at the top of the ivory tower. Pay for performance, not for just showing up.

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| 1174 views | | 1 reply (February 28, 2018) | Reply
Post ID: @OP+RX6msCI

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The last comment is right on. When you cost reduce a product to the point there is more play value in the package, it isn’t long before word gets out and consumers move to other brands.

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Post ID: @hid+RX6msCI

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