I've seen many postings over the last 2 years, but it's clear that neither Mattel investors or employees want to face the truth about the company. Mattel is Barbie and vice versa - this is a malignant relationship that has ruined the company. By... — read more
We Wanted ELON but Got Ynon
For a new CEO, we asked the BoD for the smartest guy Elon but old man Sinclair got "some artist guy Ynon". Is Sinclair deaf AND dumb, or did he purposely hire underqualified Ynon and split the savings with M-Go in his final stick-it-to-Mattel move?... — read more
Ynon to save NYC Office!
already mentioned wanting to maintain an office on the east coast & in talks with the building owner. Staff to remain still questionable. Stay tuned!
Let's Not Forget the 1200 Workers
Who are losing their jobs at the plant. That puts the tally up to a few thousand people this week alone. Oh - and MGO.
What If? Why Not?
What if Mattel were robbed by its own CEO? Why not do it all again with someone new who's never worked in the toy business? What if Mattel systematically shut down offices, manufacturing plants and call centers? Why not just call this process... — read more
Not Again? No Hardline Experience
Great, another CEO with no experience in doing what Mattel does. Obviously will come in with delusions of making Mattel an "entertainment" company. Look for giant expenditures in all sorts of "productions". Prepare to walk the hallways and hear... — read more
Time for Ynon to get it on!
I am beyond stoked that M-Go finally threw in the towel, it was pretty obvious from the start that she was in way over her head. Let's face it M-Go was a lightweight, but now we have Ynon. I mean just look at this guy! Apparently he's a black belt in... — read more
RD's Next on the Chopping Block!
MG down, now its sideshow D--k's turn. Kicking arse and taking names...
CEO change
https://www.bloomberg.com/news/articles/2018-04-19/mattel-s-incoming-chairman-is-said-to-be-in-line-for-ceo-role Mattel's Incoming Chairman Is Named to Replace Outgoing CEO By Matt Townsend and Lucas Shaw (Bloomberg) -- Mattel Inc. Chief Executive... — read more
AG Location Closing
American Girl's call and distribution center located in Wilmot, WI is closing, along with their Mattel toy store. 135 people will lose their jobs. Sad day in WI.
Heads up people
https://www.wsj.com/articles/mattel-ceo-margo-georgiadis-in-talks-to-leave-the-company-1524166521
Job postings for NYC office?
If the NYC office is closing why are there recent postings on indeed and monster for positions there?
2018 already at 77 Million sq. ft of retail space closed.
2017 was the worst year ever at 108 million, and we're only in April. https://www.bloomberg.com/news/articles/2018-04-17/as-toys-r-us-fails-the-retail-real-estate-glut-is-getting-worse
Layoffs next week
Are we certain we'll see no layoffs next week? I am usually very good at leaving Mattel at work over the weekends, but for some reason, this weekend all I can do is worry about what's coming on Monday or Tuesday. I guess the NYC announcement really... — read more
Is Electronic Arts buying Mattel?
Do you have any info on this? Does Electronic Arts have plans to buy Mattel? If yes, what's the plan. I am not fishing for insider info, I am just curious about what the rumors are. I do not work for either company but I am interested in the... — read more
So, what's next?
Anybody wants to venture a guess on what's next to close? It's obvious that Mattel is going to go the way of Toy R Us, it will only take a bit longer to get there. We've been a one trick pony for far too long, and with the general state of retail... — read more
String 'Em Up!
Netflix exec bonus scam has shareholders filing lawsuits. Our execs deserve the same! http://variety.com/2018/biz/news/netflix-accused-executive-bonuses-1202750517/ What's holding up that class action suit against Mattel last year? Make it rain... — read more
RD's audacity to blame NYC real estate market
Did RD honestly stand there from one of the only places in America with a higher cost of living and real estate market than NYC place some of the blame for closing the NYC office on the real estate cost?
Thanks, M-Go and HR!
Thank you for laying off some really talented toy people. We're any number of other toy company nearby and we're hiring these people! Your lack of insight and experience has dismantled a world class team and scattered man-years (make that... — read more
Another fantastic failure
https://www.engadget.com/2018/04/10/fisher-price-sproutling-baby-monitor-review/
The loss of trust
There is a palpable loss of workers trust for our management team. Why? Because it is painfully obvious that they do not suffer with us. They ask us to sacrifice while they are unwilling to do so. Great leaders go first. Great leaders suffer with... — read more
Shut down a whole office and post jobs openings on LinkedIn
Whoever handles the company LinkedIn page deserves to be fired. This is in such bad taste - https://www.linkedin.com/feed/update/urn:li:activity:6389165671976042496
Let's try this for a change
How about this: A new CEO with LOTS of TOY INDUSTRY EXPERIENCE instead of one with ZERO TOY INDUSTRY EXPERIENCE? Fire everyone else from the BoD down to VP level. Combine all those salaries into one fund. Spend HALF that total to hire Hasbro's CEO to... — read more
https://twitter.com/TheLayoff/status/983452009532739585
https://twitter.com/TheLayoff/status/983452009532739585
I am sorry
My heart absolutely breaks for all of my old friends in NYC. Some cannot re-locate and others are past the age of gainful employment in the marketplace. I do hope they are taken care of though I do not see how in the company dismal state.
NYC office closing
Well, i guess we all knew it was inevitable.
MGO $31million in 2017
Nice comp for putting a company near bankruptcy. She is totally incompetent for this company and role. C’mon Board take action for once.
Stanley Speaks for Mattel Employees
Stanley speaks on our behalf to RD, M-Go and all the other professional idiots in upper management and BoD who have shamelessly pi$$ed away the reputation, talent, and future of our once-proud company. https://www.youtube.com/watch?v=gIiMt9GgyDY
Mattel's Kiss of Death for Tynker
https://news.mattel.com/news/mattel-expands-partnership-with-tynker-setting-goal-to-introduce-10-million-kids-to-coding-by-2020. What a crock of shi+e! Mattel knows nothing and cares even less about coding and STEM educational toys. Even if Tynker... — read more
Forget Waldo, Where's Sinclair?
Somebody here said old man Sinclair is out. High time, but Googling finds no record of that. Find that useless geezer! He belongs on Skid Row. Possibly prison.
The Calm Before the Storm
Shi+storm, that is! Witness Mattel's disruptive NOT toy, P--paroos. Our latest derivative, copycat, catch-up product. A pity it lacks Wifi AR+VR. It's the end of Q1 and we all know that more layoffs are imminent, but it sure looks all peaceful inside... — read more
When will the layoffs start?
Now that Toys R Us is as good as gone, how long do you think it will take before we feel the absence in our bottom line and those on top decide to solve the issue the only way they can - with layoffs? Mattel is having issues as it is, this will just... — read more
Funny and sad
So, I was just on TRU board, and it seems that the latest strategy to save the company is wait for it...wait for it... a gofundme.com campaign! It's both laugh out loud funny and sad. Now it feels like the world is simply making fun of us and what we... — read more
Stock=Roller Coaster Ride
I can't think of another stock besides Mattel that porpoises up and down 10% every other day. What a ride for our poor investors. There's absolutely no good news to be told, so when the stock rises, it's only because there hasn't been any bad news... — read more
To all the defectors that left Mattel for TRU:
Anyone trying to go back? Looking to go freelance? Whats the plan of action?
Toys R Us blames millennial for not having kids as part of their demise.
Yet another company not being accountable for their failures. Glad the guy who started the company died the day before their demise was announced. Probably died of a very wealthy broken heart. So what's Mattel's excuse? When is the chapter 11 filing?... — read more
Investors are their own worst enemy
Investors feel confident - stocks go up. Investors feel scared - stocks go down. Why are Mattel stocks down?? Investors, simple as that. Huge changes have happened. The revolution is underway. But do the investors “get it?” Of course not! Zero... — read more