We normally get these around end of July but the planning tool has not been opened up for managers. Is this another cost savings initiative?
Topics regarding layoffs at Mattel Inc.
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
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
Yes, I am a knucklehead. Not only do I still have Mattel stock that I purchased when I was employed by Mattel, but I don't even know how to sell it. Can anyone help?
Already sold with precontracts
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
In which year will mattel acquired by the top investors?
I know a lot of people are not happy at Mattel, but they stay. So what would be the final straw for you?
This from a prior post. 'The management simply has no idea what to do with a company that has become the victim of its own dysfunction. Every move is a desperate attempt to stay afloat in the proverbial boat. The big picture that Ynot and his team... — read more
Anybody wants to guess how bad it will be? I'm going to assume we'll also get news on more layoffs on that day, as a way for leadership to mitigate the effects of what will undoubtedly be disappointing results... — read more
Any advice for someone trying to get in?
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
See something. Say something. Then you just disappear.
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
I certainly am...
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
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!
Are we really looking at major layoffs in July or was somebody just trolling?
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.
Executive management, come on...how often is to often. What a calossil waste of time and money. All that time wasted could be spent developing the product vs. spent prepping for needless meetings. — read more
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.
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
It’s not going to work, Issac. Most employees/stockholders are more frightened of you than they are of our current leaders. You can try to stir it all up if you want. No one with half a brain will ever trust you with the reins.
The CEO of MGA is constantly posting emotional, personal and childish posts on linkedin and threatening emails and in media appearances. Impressively unprofessional. How can a guy with so little emotional restraint or common respect expect to... — read more
So in the last week, Mattel: Had the most embarrassing Showcase at the Licensing Show. Not only did they drag our Masters of the Universe with a "star" named Noah who no one in the crowd ever heard of never mind didn't recognize with this buff bod... — read more
Anyone know about any layoffs at Mattel, FP, AG or Mega?
OMG... delusional Wu & company think they can charge $6 now by adding a free anti-theft sticker to a dollar car. Oh, and now the kid needs a $40 piece of track to read the car. And a smartphone. And Bluetooth. Our clueless management team is in... — read more
Let's finally overhaul the Board of Directors, management team and the insane number of highly compensated SVP's. If Hello Kitty and a bunch of movies that will never hit the screen is the best we can do we don't have a chance. The $11 share price is... — read more
ZERO ethical standards with CEO and COO and HR! They all need to be investigated for unethical business practices!
Upper management strategy in a nutshell. Cutting product cost is panacea. Force fit new technology into product is innovation. Bottom-line, ship products on schedule. Only to find out that no one want to buy it. — read more
MGA may buy Mattel hostile.
If you had to use only three words? Would even one of them be positive?
From what I see most have given up. They don't even care if everybody can see they're barely doing anything - and I can't blame them. Mattel has made it clear that everybody over 50 (maybe even people in their late 40s) has no future here. So why try... — read more
No One Ever
Sell the company ynot