Mattel stock is in the toilet at $14.82. For the exec who have joined or have hung on, the stock needs to climb to $30 for you to make any money. If you’re waiting for a buyout, remember your options and grants refer only to a material change in ownership to trigger your stock.
If Ynut, sells Mattel off in pieces, as he’s getting ready to do, the stock will fall instead of climb and you’ll be in the unemployment office wondering why you came or hung on for so long. Defeat is inevitable - so grab what shred of decency and integrity you have left and find a new gig. The cards are as stacked against you as any other Mattel employee.
There will only be two groups of winners at the end of Mattel:
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the Board is Directors (whose option agreements are vastly different from all others)
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those that have sworn revenge on the most evil and criminal toy company in the world
Have a nice day :-)