Mattel announced that it will cut 2,200 positions, or 22% of its global non-manufacturing workforce. It also plans to sell its factory sites in Mexico. Shares of Mattel slumped 8.5% after hours.
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It’s not happened it Europe yet. They tell us we must wait 3-4 weeks to find out. But we should keep going.
Is that you Y-Not?
That sounds more accurate. It's already happened, at least the far majority of it.
...but i feel like the wording is off and 2200 we’re already let go, globally