Mattel Inc. Layoffs

Topics regarding layoffs at Mattel Inc.

More on whistleblower letter

https://www.bloomberg.com/news/articles/2019-08-13/mattel-is-said-to-have-sought-delay-not-sc-apping-of-debt-deal In a sign that Mattel Inc. isn’t too worried about the whistleblower letter that upended last week’s $250 million bond offering, the... —  read more 

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Post ID: @10wP6Phl

Compensation Changes

Anyone know what is about to be communicated to managers regarding the compensation changes?

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Post ID: @10v9GslL

Bankruptcy Soon

Rumor is the bond couldn't find any buyers and they had to pull it. Better listen to MGA.

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Post ID: @10so2P8Q

Mattel Whistleblower.

https://www.globenewswire.com/news-release/2019/08/09/1899735/0/en/Mattel-Investigated-for-Securities-Fraud-by-Block-Leviton-After-Whistleblower-Letter-Causes-Cancellation-of-Bond-Offering-Investors-Are-Encouraged-to-Contact-The-Firm.html

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Post ID: @10s758r8

Retail Service changes

Was Barbara forced out at the beginning of 4th quarter? No jobs posted. No advancement of reps. Just a reshuffling of the elite management group. How long will RSO team survive?

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Post ID: @10raTcpB

MGA

MGA got a new CMO from Mattel VP fresh off of line review! Way to go! Can’t make this up!

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Post ID: @10rLOSbK

New Posts are Disappearing

Looks like somebody hit a nerve... most recent posts have been scrubbed, nothing very new remains. Let's see how long this post lasts. Did Mattel buy Layoff .com with all their Q2 profits? :)

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Post ID: @10qEzsnS

2nd assistant

So the young man that follows RD around carrying his bag and water for him is his second assistant?

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Post ID: @10jw7cUg

Stock Price

The stock Price went on friday to 14,27$ Will ynon or the Investors sell it

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Post ID: @10eYhZmc

WOO-HOO! We Lost $108 Million in Q2!

Bust out the bubbly! We lost less in Q2 than Q1! $108 million is chump change! We're bleeding less! Bravo Ynon! That's why you pay yourself the big bucks! https://news.alphastreet.com/mattel-mat-stock-q2-2019-earnings/

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Post ID: @10dVNjjj

Private Equity

Who can be the Private Equity Group who buys Mattel this year ?

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Post ID: @10adjbwj

A Message to Ynot from the employees at Mattel

Ynot – did you know that you are the CEO of a TOY COMPANY? I know you so desperately want to be the CEO of an entertainment company but taking the helm at our failing toy company was apparently the only gig you could get. So now you spend all of... —  read more 

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Post ID: @1062NgUE

Regarding the decline at American Girl?

I was thinking about American Girl the other day and it occured to me in recent years I've noticed a subtle change in the company’s output. No longer do the the dolls seem to convey the innocent girlhood image with which Pleasant Rowland had started... —  read more 

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Post ID: @101OnC8n

Sold out

Already sold with precontracts

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Post ID: @100YocgP

Dear Richard,

Please remove employees who aren’t rewarded with “perks” and do not work in El Segundo from your Employee Communication emails. Some of us rarely get to see our children due to your money saving ventures, not to mention what we pay weekly for... —  read more 

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Post ID: @ZZaM4XE

Acqusition

In which year will mattel acquired by the top investors?

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Post ID: @ZXYga3O

What would make you quit?

I know a lot of people are not happy at Mattel, but they stay. So what would be the final straw for you?

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Post ID: @ZXYZOPB

FP is such a dumpster fire

https://buffalonews.com/2019/06/27/fisher-price-hopeful-investments-in-east-aurora-bode-well-despite-declines/

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Post ID: @ZRfeqau

Need a break from Mattel

If you have Kaiser insurance and you are stressed out this might be for you. Kaiser has a month long class that will help you with you stress. It's only 2 days a week, but you get a whole month off of work with pay. I did it twice and it was really... —  read more 

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Post ID: @ZPEubp8

Ooops- guess getting rid of AG Wilmot was a mistake

Let me get this straight. 133 people are told in April 2018 that they will lose their jobs in January 2019. Meanwhile the company struggles to sell the mold ridden loaction. As expected, the building never sells, and jobs are still cut. Now in June... —  read more 

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Post ID: @ZK4EIYr

Listen up

OK, congrats to everyone here on surviving the last several layoffs. Now who called this meeting? Does this meet slots & rats? Are we on planogram? Have we focus tested this item yet? What does Dr. Shore say? What, we laid him off? Well as we... —  read more 

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Post ID: @ZHiblci

TRU Coming Back

TRU making its return sometime next year via e-commerce and a few brick and mortar. Looks like we can all breathe a sigh of relief! No layoffs and no reason to make awful low budget s**t films Kronon!

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Post ID: @ZFblPme

Layoffs in July?

Are we really looking at major layoffs in July or was somebody just trolling?

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Post ID: @ZFVPp9J

Micro Layoffs

From what I understand Mattel is not laying anyone off. Employees are treated like sh-- till they can't take it anymore and leave. Especially at the distribution centers. Just think of how much they save if you don't get severance or unemployment.

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Post ID: @ZEAQ859

Isaac is “toying” with Mattel

And he is winning, making the leadership team look even more inept than they are. Another round of horrendous results and meaningless conference call banter this quarter will hopefully trigger some other activist disgust.

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Post ID: @ZDRdLR0

Can someone from the finance dept help me out?

Last year, Mattel lost $531 million on sales of $4.5 billion. Gross margins were 40%, so 40% of 4.5 billion equals $1.8 billion in profit. So add $1.8 billion to $531 million gets you around $2.3 billion. Divide that by 365 get you around 6.5... —  read more 

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Post ID: @ZDADy6K

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