Topics regarding layoffs at Mattel Inc.

Topics regarding layoffs at Mattel Inc.

We shouldn't let marketing run the business

I agree with 'don't let marketing run the business'. That has been the undoing of Mattel. I worked for Mattel for many years. After watching and studying the Barbie collector market, I came up with a great idea for Barbie Collector. Pitched it to the... — read more 

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| 1720 views | | 6 replies (last February 24, 2020)
Post ID: @OP+10FoVRGC

Mattel - pull it together!

In 2003, LEGO almost went out of business because they had diversified so much that they lost their way. The company was for sale to the highest bidder. After a lot of soul searching and deep diving, they turned around their business and concentrated... — read more 

Dear Lisa and Chris

Congratulations! By merging Barbie and Star Wars together to make the latest couture dolls, you’ve managed to create a product that both collector camps WON’T buy.

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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| 2960 views | | 6 replies (last August 20, 2019)
Post ID: @OP+10wP6Phl

Compensation Changes

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

Bankruptcy Soon

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

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

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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| 812 views | | no replies yet
Post ID: @OP+10raTcpB

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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| 1052 views | | 1 reply (August 8, 2019)
Post ID: @OP+10qEzsnS

2nd assistant

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

Stock Price

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

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/

Private Equity

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

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 

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 

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 

Acqusition

In which year will mattel acquired by the top investors?

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?

FP is such a dumpster fire

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

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 

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 

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 

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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| 1310 views | | 4 replies (last June 23, 2019)
Post ID: @OP+ZFblPme

Layoffs in July?

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

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.

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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| 881 views | | no replies yet
Post ID: @OP+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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