I'm an Engineering working at development team at Hong Kong Mattel office, everybody at work seems doing busy work but actually there's no new product development and there is very limited new tooling...
We can't quit and giving up our sizable severance package because most of us have been with company for a long time, we are all staying put and try to collect paychecks for as long as possible, it indeed is a dreadful situation but we have no choice. I suggest you to cut your losses and sell you stocks quick before it drops further.