Did they really just play the song " money money money"? How fu--ing tone deaf is all this self pleasuring non sense when they let go of people and shutdown businesses? Also, that team in China saying "thanks massuh for your jobs" 😭😭 All of this... — read more
Mattel Announces 2024 Virtual Investor Presentation
Mattel Announces 2024 Virtual Investor Presentation February 20, 2024, 4:05 PM Eastern Standard Time EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) today announced that it will host a Virtual Investor Presentation to provide a... — read more
Mattel Severance
What is the current Mattel severance formula?
Mattel su-ks the life and price value out of another one of its iconic brands.
Incredibly sad, but not surprised to hear what is happening to Fisher-Price. Since acquiring FP, Mattel has burdened this once great company with its price value su-king cost structure. Just like a parasite, pillaging and su-king profits till there... — read more
It’s cuts time, obviously
“Execution on our toy strategy was strong and we made meaningful progress in entertainment across film, television, digital and publishing,” Kreiz said in the company’s earnings release. “We ended 2023 with the strongest balance sheet we have had... — read more
Well, it's official! Major layoffs coming to FP!
Mattel leadership announced to FP employees today that ImagiNext, Thomas, Barney, FP Entertainment, etc. are moving to El Segundo. They can't share any more details at this time - who's staying or who's going, etc. Thoughts?
Looks like majority shareholders are demanding change!
https://www.reuters.com/business/mattel-draws-activist-investor-seeking-changes-toymaker-wsj-2024-02-01/
All hail Barbie movie!
We’ve made it 2 weeks past stupid rumors, and no layoffs happened. The Barbie movie has officially saved everyone, right, hmm?! The mass layoffs that Cloudfare, UPS, etc experienced is going to miss us?! There must be a Barbie 2 movie in the works... — read more
We shouldn't need layoffs
We raked in a buttload of money with Barbie - both the movie and the products that flew off the shelves in the last few months. I thought we were doing well enough for once not to have to worry about layoffs. So what the he-l is going on? What needs... — read more
Hold to your hats!
Layoffs next week!!
Mattel Layoffs 2024
Do you think there may be small/medium/large Mattel layoffs? Any chatter, news or rumors?
We are probably next
Major layoffs at Hasbro. Considering that Mattel stock also fell this week, I would be surprised if we're not next on the list for layoffs.
Buyout
When Mattel CEO buyout
Nice, Mattel…
https://www.latimes.com/business/story/2023-11-14/ucla-sues-mattel-for-allegedly-reneging-on-childrens-hospital-donation
Halloween canceled
Our illustrious leader E-no has banned kids from the building during Halloween So much for being a toy company for kids So much for creating a inspiring environment So much for having reasons to stay at Mattel
Thank Greta Gerwig for no layoffs
I'm just not sure what or who will save us next year.
Did some just get fed up! Finally
Some stuff just went down at the tower. No details yet.
Mattel Cinematic Universe
I swear, this company is led by incompetent mo--ns. Instead of realizing why Barbie is doing as well as it is (great storytelling, not a sequel, something fresh, going back to the roots of filmmaking instead of focusing solely on CGI, etc.) the... — read more
Gap taps Mattel executive as its next president and CEO
Gap has tapped a top Mattel executive who re-energized Barbie and Hot Wheels to be its next president and CEO. The San Francisco-based chain, which operates stores under its namesake as well as Old Navy, Banana Republic and Athleta, said Wednesday... — read more
It's a win
All Releases Domestic (46%) $155,000,000 International (54%) $182,000,000 Worldwide $337,000,000
Haven't heard any new rumors about layoffs
Does this mean that we can relax for a while or is this the calm before the storm?
Mattel is trying to prove Barbie isn’t hopelessly out of date.
https://www.bloomberg.com/features/2023-barbie-movie-mattel/?srnd=premium
Incapable of turning an acquisition into a success
Mattel’s high overhead has destroyed the quality and price value of each of the brands it has acquired. Say it again louder for the people in the back. Mattel could have turned every single company/brand we bought into a major win. Instead, we all... — read more
Early word of mouth on Barbie Movie not good 💀
They screened two cuts that day-- a parents and children one and a late afternoon one for ages 15+. I went to the second with two friends and my girlfriend. We all HATED the movie. The film is extraordinarily incompetent from a storytelling and... — read more
Layoffs
Let’s get ready to rumble
What a shame Mattel bought Fisher-Price
Fisher price was once a respected toy company with lots of creative products sought after by parents…. Then Mattel happened
Mattel hasn't tweeted since Nov 14, 2022.
Mattel hasn't tweeted since Nov 14, 2022. Is the social media team completely out to lunch or what's going on?
TK at Hasbro!
Give it a few months and you'll be able to buy their stock at just as low if not lower a price than Mattels. :D
Beast
Ynon, the beast will sell Mattel and then old-age pension
Retirement offers soon?
Is there any hope of retirement offers soon? It’s been a while now.
Will there be more layoffs?
How safe are we for the rest of the month?
Nobody should be shocked or surprised
If you didn't expect layoffs to happen after the pandemic bo-m in sales went down, I don't know what to tell you. Every single one of those affected should have had a plan B and C ready in case something like this happened. There was no doubt layoffs... — read more
Could Layoffs Be Age Discrimination
Sure does seem that a lot of the people laid off were over 50, long-term employees. I know some were told their job was being downgraded. Sure does fit the definition of age discrimination. If an employer says that your job is being eliminated but... — read more
“Mass Layoffs…using someone’s livelihood to balance the books…
this is not a meritocracy, we don’t care how hard or how long you have worked here, if we miss our numbers and you happen to fall on the wrong side of the spread sheet, I’m sorry but we cannot guarantee employment…in other words we come to work... — read more
As long as Mattel continues to be run by hierarchy, it will continue to fail.
Ynon, how often does history need to repeat itself before a much needed change is initiated at Mattel? The answer is simple, creativity and ideas flourish in an environment free of dictatorial layers and meetings of hierarchy that stifle and stagnate... — read more
How many people have been cut so far?
I'm safe for now but the atmosphere is really awful.