I've heard that Mattel is "reopening" in June along with most of LA businesses. Will there still be remote working options? Will people be forced to return? What if someone isn't vaccinated? Won't that put them at significant risk? Will they require... — read more
Topics regarding layoffs at Mattel Inc.
Yes, there are fewer layoffs but everything else is pretty much the same. We have the same toxic work atmosphere, the same nepotism and cronyism dictating promotions, the same incompetent managers... Also, we have the same lack of innovation and... — read more
I'm curious as to how we are going to keep the upward trend. $20 a share is a great accomplishment for a company that has lost touch with its consumer base and hasn't put out a bonafide hit in years that has had kids drooling for our toys. Thank the... — read more
I know the staff level bonus target is 15%. What are they at other levels?
I can't believe what this company has become. Admittedly, there has been a lot of that before, but now individualism (by which I mean expressing one’s own opinion) is almost eradicated. Is that normal for a company whose focus is on creativity?... — read more
I accepted a position with the company after a lengthy process. Can anyone tell me what I can expect from Mattel as a whole? How is the morale and are layoffs frequent or far and in between? Is employee engagement encouraged and what’s work/life... — read more
Wasnt there a movie a month announced for the past couple of years? When I started at FP I heard about a Barbie movie and a Heman movie and I think an American Girl Doll movie and then a bunch of others but no one seems to know anything about them at... — read more
So HR have been in a bad mood recently and there have been all these communications about adjusting pay to ‘market rates’ and how they have been working with a consultant to review pay. And now the comms about discussing with your manager or HR if... — read more
Every year I feel weird when March 5 arrives. I'm guessing, many of you do as well? I’m just wondering if Mattel has prepared some pathos for Friday.
I came here two years ago. I’ve been planning how to get out of here for a year now. If the pandemic hadn’t happened, I would surely have left much sooner. When I hear that people have spent 20 years here, it’s just mind boggling to me. This company... — read more
By innovation I don’t mean "movies that this company will never make". Where has innovation gone? I haven’t been in the company for a long time, so I’m interested in the opinion of those who know better how things used to be here and much they've... — read more
For privacy reasons, I would not like to state what specifically happened, but I wonder if you ever happened to suffer because of a mistake made by your colleague, because he managed to convince management that the fault is not his but yours? I was... — read more
Not having to think about more layoffs every single day?
My question is to what extent do you think Mattel is forward thinking? I’m an ordinary worker and I don’t understand business strategy, but when I read the news about the big companies stumbling, the reasons are often that they aren’t innovative... — read more
When are people going to learn to just say everything is great and stop giving low rankings on the annual survey? It happens every year - whichever score is lowest turns into a "task force", and guess who ends up doing all of the work in those... — read more
Mattel was basically lucky. It is one of the few companies to which the pandemic has brought good things. I am grateful for being relatively carefree while there are mass exoduses happening in other companies. However, I wonder what will happen when... — read more
I have been working here for more than ten years and if I pass without dismissal in March, I will certainly resign myself because I can no longer stand the atmosphere created by the bad management. That really bothers me and I’ve already started... — read more
than GameStop's was at the beginning of the week. 😥
I've heard they're considering Austin or Dallas? It wouldn't surprise me given all the big companies we've seen leave CA over the past few years.
I can't remember how long it's been since we've had this many months without a layoff (at least none that I know of.) That doesn't mean that I'm still not a nervous wreck and that I'm not expecting every day to get some bad news (years of Mattel... — read more
Did Mattel pay back their PPP Loan, or is their success subsidized by the government?
To all our LA colleagues, is it really as bad as they say? I've seen reports that downtown LA has turned into a giant homeless encampment made up of thousands of tents and shanty town structures. Around 75% of restaurants closed? Anyone... — read more
I came to Mattel because I needed to get a “better job” than I already had. What a mistake! If I had known the atmosphere was so toxic I would never have come here. When I compare the leadership and the atmosphere in general in this one and my... — read more
Does anyone know what happened to Mattel Movies? There was a new movie announced almost every month for the past two years but I can't find anything at all online about any of them happening. I know the pandemic stopped production for a lot of... — read more
This company was going downhill at breakneck speed with no indication that things would improve. And then the pandemic happened and parents needed new ways to keep kids entertained at home and who benefited? We recovered through no fault of our own... — read more
What happened to this once vibrant and informative community? Now days I hardly ever see any new posts and the few post that are made hardly ever get any replies. It's so sad to see what's become of the once great The Layoff Mattel board.
When Mattel suspended the dividend in 2017, they placated investors by pledging that the money would be used to shore up the business. Since then, has anyone witnessed any vigorous re-investment within the company? People? Talent? Hardware? Tools?... — read more
Will there be any Mattel Layoffs 2021? Any news or rumors?
When's the last time we came up with something original, something engaging, something worth everybody's attention? Can anybody remember? All we do now is copy of a copy of a copy. Oh, and a new version that's just like the copy but not really. Is... — read more
Current Mattel Probability Of Bankruptcy 42% . I just wonder where all the highly paid VP and above workers will go after the collapse, what other company would pay over $300k year (all bennies included), for a paper-pusher who can probably be... — read more
I came here looking for information about Mattel. It looks like a lot of you don't have very many good things to say. Covid has hit my family hard economically, and I need a job....even if it is just for a while. My question is what is positive... — read more
Before you leave, if you have Kaiser insurance they have a month-long program, I think it's called Prepare to go back to work. It's a great program, you get the whole month off with pay and you go to Kaiser 2x a week for training on how to... — read more
When was the last round of layoffs???
I've been here for almost three months and am leaving as soon as I find another job. Thirty years working with 20 in my chosen profession and never have I seen or been subjected to the needless and wasteful CYA Politics that drives at least a third... — read more
I'm hearing there will be layoffs coming again very soon, as soon as next week, in preparation for Q4 to make the books look more balanced. Was chatting with my peers (while everyone at home due to covid) and this is what we're hearing. Can anyone... — read more
I know it’s time for me to go. I’ve lived enough cycles of insanity to know I can’t change it. The problems i see are systemic and gigantic and not based solely on individuals. However, there are people and styles that, without purging, will always... — read more
This is a pretty good piece of writting: https://julieyoung.substack.com/p/insane-companies-no-one-talks-about
Highest I've seen, still I thought it would be higher. Thanks RD & Ynot! https://www.macroaxis.com/invest/ratio/MAT–Probability-Of-Bankruptcy