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
Topics regarding layoffs at Mattel Inc.
Did Mattel pay back their PPP Loan?
Did Mattel pay back their PPP Loan, or is their success subsidized by the government?
Has LA really become as terrible a place to live as the media is portraying
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
Do you remember better times?
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
What Happened to Mattel Movies?
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
Isn't it ironic?
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 site?
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.
Where Did That Dividend Money Go?
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
Mattel Layoffs 2021
Will there be any Mattel Layoffs 2021? Any news or rumors?
We deserve to go bankrupt
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%
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
401K Match
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
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
Last Layoff
When was the last round of layoffs???
Can't deal with the CYA Politics
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
NEXT round of layoffs next week?
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
A serious question
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
Companies Nobody Talks About: MGA Ent.
This is a pretty good piece of writting: https://julieyoung.substack.com/p/insane-companies-no-one-talks-about
Mattel: 39% Chance of Bankruptcy
Highest I've seen, still I thought it would be higher. Thanks RD & Ynot! https://www.macroaxis.com/invest/ratio/MAT–Probability-Of-Bankruptcy
Is the EA campus closing or for sale?
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
Share your salaries people. Or quit complaining in the office.
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
Mattel in the News
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/
Someone need a new watch?
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,
Earnings News Due
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.
Wishbone?
What’s next, Holly Hobby?
Just a friendly reminder...
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".
But Why? Can we focus on making toys?
https://www.hollywoodreporter.com/amp/news/wishbone-movie-works-universal-mattel-1303110
Mattel is currently hiring
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.
On July 1st, Mattel posted across all it's social media celebrating Canada Day, but on July 4th, not a peep from them.
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?
New CFO
Mattel Appoints Anthony DiSilvestro As CFO
Congratulations!
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, stop with the irrelevant headlines, PLEASE!
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
The Black Hole of Innovation
Literally a Red Sun. Inevitable.
More Topics Deleted
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
Bye Janet!
https://toybook.com/janet-hsu-horizon-group-usa-ceo/
CARES Act
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.
CEO 2019 bonus!!
$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!
Time is up
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