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
Topics regarding layoffs at Mattel Inc.
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
I left buffalo 10 years ago to work in tech manufacturing and now working as an engineer with Pepsi. Friends in the area that I keep in touch with keep telling me of rumors of the FP campus. Is there any truth to it? I think East Aurora would turn... — read more
Everyone knows how much the CEO will ride into the sunset with, why not let everyone in the company know Mattel’s dirty little secret? Who makes more? Men or women? Does that nasty little a**kisser actually make more than you? Post it! Post it here!... — read more
Best news for Mattel since Covid! https://www.wsj.com/articles/toys-are-selling-but-mattel-and-hasbro-arent-cashing-in-11595869248 https://globaltoynews.com/2020/07/27/remote-working-is-not-working/
Hot Wheels partners with IWC Stuffyhouse watch company? I don’t think the rich people who can afford their watches are into Hot Wheels collecting. Remember you can’t take any gifts over $100,
Tomorrow earnings will be announced. Dolls and cars should do ok, but the real winners are purposeful play items like games, puzzles, arts & crafts and outdoor activities. Dollars are up, but in more expensive items than unit consumption volume.
What’s next, Holly Hobby?
it's been 2275 since Mattel announced a deal with Sony to make a Barbie movie. In the announcement the project was said to be "moving very quickly".
Just looked and their site says: "We've found 27 Mattel Jobs near you!" So they're replacing the layed-off with cheaper employees. Or they're just id–ts.
Was this just a unfortunate oversight or a deliberate decision? What are your thoughts on Mattel publicly celebrating Canada Day but not the Fourth of July?
Mattel Appoints Anthony DiSilvestro As CFO
Congratulations everybody, you've stooped to bickering about 'wokeness' and fighting with each other vs holding the goons at the top responsible. Mattel status quo. RD's problem is not solely his stupid Linkedin posts (although those are pretty f'ing... — read more
Richard - can you please stop posting headlines about disingenuous statements about every single social media crisis of the day and MAKE A PROFIT!!!!! All this social unrest is important - but it’s second for Mattel on the list of PRIORITIES - #1... — read more
Literally a Red Sun. Inevitable.
It seems that yet another constructive discussion on racism has been purged from this site. Nothing in these threads appears to violate the rules regarding content on this website, so it's unclear why they keep getting deleted. I feel strongly... — read more
Did Mattel participate in the CARES Act? If so, they are obliged to keep the majority of employees through a certain date only. Furloughed employees need to be back on by end of June, if returning.
$4.4M!! And Dickie d—son.. $1.9M! They don’t care about the health of Mattel!! They are laughing all the way to the bank! Forget saving jobs! forget doing the right thing! We are swirling the drain and the board rewards them!
This is an open letter to Enon: It’s time you wash your hands of RD. In the 6 years he’s been back, he’s authored lots of marketing ideas (that cost more than they’re worth) but not ONE of them has been a commercial success - which is what Mattel so... — read more
Enough bi+ching aleady, we know Mattel $uck$. How many people, what departments, which jobs?
This is the worst workplace!!!!!!! Talk about culture and wellness its all complete b—s— & no one cares!!ynon doesn’t care at all - RD being next CEO? Zero chance. The layoffs prove management has no clue. Basically Reputation inside totally... — read more
I have worked at many Fortune 500s, including Mattel when it was one. Management is terrible. They lack vision, execution and courage to adapt. I thought that getting a CEO from the entertainment industry was a smart move, but most of the other... — read more
This is getting ridiculous.
With our current leadership? We were doing badly as it is, I don't see us coming back from this mess unscratched - or at all. I think we'll be joining Toys R' Us very soon...
I just walked the lay-off bridge. Thank goodness I can enjoy Christmas for the first time in forever. Now just that ‘little’ detail about dismal personal finances and lack of immediate job prospects.
Has seen RD as the President and COO and a downward spiral. The c suite has changed over 2x and the CEO 4!! What is the common denominator here!?? We have a defunct BOD who clearly have no since of decency or ethics as the continent to FAIL the... — read more
Who the heck are we kidding!? And who’s paying the Mad Money guy??
Ynon's new buzzword "Capital Light" sure sounds great but it means the end of Mattel. It means short-term, short sighted, low-risk, no innovation, licensed toys. As if we weren't playing it too safe for decades: Bratz coulda been ours, it was home... — read more
Bad, worse, or the worst? Discuss.
To the person saying "how hard is it to stay out of the bottom 4%" It's not so simple at Mattel. Beauty is in the eye of the beholder: if you don't fit in to whomever is in charge of your Mattel destiny, you are in trouble. There are PLENTY of people... — read more
NPD says overall toys sales were up 8%. Hasbro reports sales up 20%. Mattel posts a 14% DECLINE in sales! What the heck are you people doing?!