Thread regarding Mattel Inc. layoffs

Let's be honest: Fisher-Price has outlasted almost all of the other companies that have been purchased and then absorbed by Mattel. The writing is unfortunately on the wall. The campus is not what it was, and the push for innovation has been squashed by the need for cost cutting and shareholder happiness. The good old days are sadly gone. The EA campus was a place of wonderment when I started there. The people were like a family that had its faults like any other but strived together as well. Whether in work or after-work activities. The bean counters have won. It is a heart wrenching reality but one that has to be faced.

I get all that, these issues are difficult to resolve without feeling indignation, betrayal or persecution…no matter what side we are on, it is difficult. It’s how we behave when expressing our concerns with civility and empathy that is often lost because our anger gets the best of us. We can coexist with our differences, because in the end the essence of what we are all looking for is the same in spite of our differences. I believe what this current administration is trying to do is exactly that, but I also understand the challenge in trying to appease everyone’s concerns is next to if not impossible. How we all choose to behave because of our inherent differences is what matters, humanity depends on it.

I'll tell you that a lot of people on our side wouldn't be opposed to a lot of economic reforms that made sense it's just that your side just bundles everything with the whole messing with other peoples genitalia, wanting to deprive women of reproductive rights, normalizing racism and all that good stuff that you guys choose to ignore.
And you can't just separate that man. And ain't no guarantee this BS is working. What I know is it's putting people out of work and making regular people poorer. But hey they're just a buncha victims. Again personally I got time. Most people don't. I'm gonna rip van winkle myself for 4 years and then maybe we can fix what's left of this mess. Unless your people have decided to make things a dictatorship and you've happily colluded with it.

Oh to be wishing for the good ole days where you lived in ignorance and believed everything you were told.

You probably watch those mega church preachers on TV and actually believe what they say because you're so terrified of what the world is turning into and it's no longer something you recognize. You know you can't stop change. Things change and get more complicated and you can only delay it. It's called entropy. You can't go back. You can't force people or systems to go backwards. Even with an iron hand.

I fool with your angry self because I know that time is on my side. And the arc of history is long and it ultimately bends towards justice. And it will all balance out in the end.

Gas prices down, inflation down, interest rates down, borders are secure, size of government and wasteful spending down, trillions in incoming domestic manufacturing investments, enacting worldwide fair and equitable trade policies, merit based hiring…but hey, to some this apparently feels like fascist policy rather than making life better for everyone in this great country of ours.

Sorry I was actually doing other stuff.

The economy is still crashing by the way. And the market is down today. Is that what you wanted to ask? Look at Mattel's stock. It's in the garbage. But hey let's be optimistic about your guy because he just made a bunch of his friends rich. Actually my portfolio is still good because I'm not retiring anytime soon. But like I said he could unalive a whole buncha people and you and your peeps would still follow him.
That's what you guys are willing to do for orange Jezzus. But hey you do you.

Follow your optimistic bliss into fascism.

You fellas still in here? sigh just remember to turn the lights off when you leave.

@156+1jqypy3df, that’s one of the weakest points I’ve ever heard…it’s called “buying the blood” and it happens all the time when markets fall. That’s 101 investment strategy, clearly something you are lacking.

Oh look Mr tariff blinked and who's getting rich all of a sudden? what did we gain?
Rich people who bought the stocks cheap who knew this was going to happen. Did I not say this? If this was the other administration what would you be saying? I'm sure you would be screaming at the top of your lungs corruption. Oh but here how conveniently you choose to deny and ignore it.

@10z+1jqypy3df, actually it’s propping up and celebrating the victories, of which there are many and yes everyone is finally being treated fairly and equally. We are now back to a merit based society vs one that creates inequality through quotas. The absurdity is gone! I think your negative bias is fueled by a fundamental flaw…you are incapable of seeing the good that is happening around you. Perhaps your need to be seen as a victim will ease as time passes.

And you are propping up an administration that has no regard for human rights, livelihoods all in favor of your so called "maga utopia". Where I'm sure everyone will be treated equally and amicably.

I'm not conjecturing I am describing what is happening before your eyes that you are refusing to see for what it is.
When start turning in your own neighbors to your maga brothers think about all of that.

@10r+1jqypy3df, I’m d-mbfounded with your inability to offer anything other than conjecture vs substantive solutions. No matter how warped your reality is, at least my guy is attempting to create real solutions to the problems facing this country. Anything else, as you are advocating, comes across as useless banter.

And before you start slinging around placebo stimulus terms you should check your history where Donny signed a 2.2 trillion COVID stimulus package in 2020.

Now was that a placebo? Personally I don't know. I didn't benefit from it. A lot of people also abused it. Did it put us more into debt? Sure it did. Did the country need it? I guess that's debatable. But what was the alternative?let people die and the economy crash? That's irresponsible.

When you don't like the answers it's easy to call it "propaganda" and look the other way.
It's not vitriol when I'm not the one foaming at the mouth at every press conference blaming everyone else.

Actually guy, the market reacts to propagandized “the sky is falling” emotions vs anything resembling logic. That is why it is impossible to time the market. And yes, we are all smarter and wiser knowing that as fact.

@10g+1jqypy3df, the vitriol you spew undermines legitimacy of anything you exemplify. Unfortunately you have spiraled into the abyss of negativity incapable of seeing someone empowered to regain long term legitimate prosperity in this country vs some placebo generated stimulus causing generational inflationary debt. But please, go on with your blinding angst, even if it doesn’t suit you well.

You my friend at some point will have to take your blindfold off and see them for who they are. And it's ok. You're only human. You want a better future, we all do. I know you think the end justifies the means. And that you are willing to overlook and even deny the other stuff they do for the "dream" of the optimism.
I hope that you don't crush and destroy the democracy you purport to care so much about for this country"optimistic" future.

And guy, the markets just don't seem to see it that way right now. And they're way smarter than me I'd say.

Do you think people will choose toys over groceries or other necessities now? When you don't know what the value of the goods will be tomorrow?!?

@10c+1jqypy3df, you my friend need a serious dose of optimism to pull you out of all this negativity.

Say goodbye to the ex factory cost of $0.029 Hot wheel die cast car and $1.13 Action figures along with more Mattel jobs as consumers close their wallets. Time to stand up against economic malfeasance…. Your jobs depend on it!

It's not rhetoric when the reality of joblessness and inability to buy groceries is staring you in the face.
That's not an abstract concept. That was not inflicted upon me by illegal immigrants or the Biden administration. That was a direct result of a new policy that was implemented.
High income taxes? Do you think don and his rich friends are paying income tax? Do you think they care about what you or I pay in income taxes? you can't really be serious can you? Why are you concerned about gas prices if elons your pal now? Oh is it because politics makes strange bedfellows and it's just convenient that the rich unhinged by the way I think we can all agree morally challenged not even a citizen South African goose stepper is just a big donation hose right now. Well until he's not I guess.
Look again I know my comments are barbed and you take offense I get it. But again listen to yourself. An insolvent future? Every country faces that dilemma. You can't punish your own people while you eat caviar and cake and tell them it's for their own good and it will be for their future. I mean at some point even you will see through this right? I mean what's it gonna take? Do they have to arrest your own kids or your friends or something? The other guy is right. They call them petulant children and other names when they're the ones acting like bully boys on a playground.

I feel like long term, these tariffs on Chinese goods will be seen as a real game changer.

I see so for a so called possible future scenario it is necessary to destroy this present timeline.
That's some serious messed up terminator sh&t @$$ kind of thinking going on there. You gotta be in a dark place to come up with a game plan like that.

Hey guys the future we face is so grim that the only solution is to f up everything right now and start all this chaos early so that we can start rebuilding early and we can be in charge of it. Yeah sounds totally like how that pitch went down. Total legion of doom stuff. Freaking tu-d reich indeed.

Ok so then please continue down the path to obscurity, because that is where you and your party are headed because you are incapable of understanding the very meaning of common sense. You have no messages or solutions other than complaints and negativity. How is fair and equitable trade, lower gas prices, lower interest rates, a secure border, eliminating the size and wasteful spending of government, lower corporate and individual income tax, to name a few, even a consideration that constitutes creating problems? From my perspective you are in fact the petulant child incapable of understanding the harm you are causing yourself.

Mr. “Constructive path forward and meaningful solutions “. You’re still full of $hit! If you believe Trump is that path. The names and labels they call people ,like petulant children, and the problems they say they are claiming to prevent are exactly what they are creating. Psychologically it is called projection.

@wq+1jqypy3df, listen to yourself, your rhetoric is the very definition of negativity fueled by your inability to be objective…what we are facing right now is the reality of exactly the type of things this administration is trying to curtail. Without exception this country is experiencing the fall out of past misguided policies and unfortunately that reality is now confronting us all. Would you rather be facing an exponential economic crisis? because that was the trajectory had we continued along the status quo. That in my opinion would be a crisis beyond anything defining human decency! This is not a mantra of blame, but rather doing what is necessary to get us out of what will be an existential crisis when this country defaults. Objective? Look, we all face hardships, I know first hand what it’s like to get laid off. Yes, it was difficult but rather than defining myself as a victim, as you are doing, I faced adversity head on just as this administration is doing. There is no angst coming from me in regard to how my life turned out, because rather than being a martyr I chose a constructive path towards meaningful solutions. Please, continue on with your negativity, because the only person you are harming is yourself.

Can't layoff anymore people. There's already no one left. We need more people who know what they're doing.

Unfortunately Mattel is sc--wed. No one in leadership has any vision or knows how to pivot the company's manufacturing stance. This is what happens when you put people in charge who are not serious nor qualified. The California "cool and hip" mentality will not save the company. We need real leadership, with serious critical thinking and analytical ability. The pomp and circumstance with clever marking will no longer work.

Panican? Should I just be patient and let myself get laid off with the hopes that good old Donny the groper will save us?
How does that help me today? How does that pay my mortgage at the end of the month?
Are there factories coming next month? Next year even? Do you even know how long it takes to start up manufacturing for a normal product line? Are you really that simple minded to believe these lies? And what will you say when it doesn't happen? Who will you blame? Because I will guarantee you that in terms of the toy industry at least no one and I repeat NO ONE is going to start manufacturing toys in the US anytime soon. So start writing down your excuses as to why it didn't work right now and how you will blame everyone else but the b-ms that started making these policies come start of this year. Yeah it's always someone else's fault. That's the mantra isn't it? And no matter what kind of reality you are shown you will never ever admit that you have been misled because it means that you have to literally reject part of your own identity to do so. So you will go on to deny it even when it fails spectacularly because the idea of being wrong is so devastatingly painful to who you people have wrapped yourselves around that it has literally warped your ability to be objective.

Honestly if these policies actually worked I think I could actually be persuaded but it's just so misguided and cruel and unkind. It's led by an unkind administration with people who have clearly abandoned normal human decency. I mean I can't even talk to some of you without you guys flying off the handle you're so angry about how your lives turned out. You're all literally so willing to subjugate half of the country to get your way because you think your way of life is about to go extinct.
How much farther are you willing to go? Will I be sent to jail because I'm critical of the economic policies? Because I posted a balding picture of Elon? Is this how America becomes great again?

@ry+1jqypy3df, Apple is committing to a $500 billion investment in US manufacturing.
Yeah, seems like great negotiating skills to me, but go ahead and continue on with your banter of hatred…you are only harming yourself.

Check the news, or are you incapable of reading?

Mr. “Countries are flocking to the negotiations “. ….. you are full of $hit!!

Countries are flocking to the table to negotiate. The EU is recommending a zero-for-zero tariff policy. 50 other countries are in talks as well. That coupled with the proposed 15% corporate tax rate will further incentivize domestic manufacturing. For those of you with all your shoot from the hip negativity and panic please continue, all this negative fervor is only hurting you.

@vy+1jqypy3df Well said.

Not being able to see the forest for the trees is the unfortunate state that many of you are currently in. This country will be insolvent if things continue as they are. Your complaints will feel like memories of joy if this country defaults. We have been taken advantage of regarding equitable trade, there is no getting around that fact. We have the highest GDP giving us tremendous negotiating power. Imagine global trade being free and equitable that is the end game here. Rather than being blinded by all the negative propaganda that is clouding good judgment and fueling an emotional market, let the man do what he was voted in to do. Energy prices are down, interest rates are down, our borders are no longer flooded with illegals and wasteful spending and bureaucracy in DC is being eliminated. We now have 7 trillion dollars of corporate commitments worldwide to build factories in this country. 90k factories have been lost in this country since NAFTA, an unacceptable fact that resulted by selling ourselves out to the lowest bidding country causing our own self destruction. Don’t be a “panican”, it takes time to reset the damage that has been done to this country.

Long term investment in people has always began with education. Creating a population of skilled professionals and research into new industries that drive growth and innovation has always been the best bulwark against future stagnation. Historically protectionism has never worked. The Soviet Union tried to close itself off and be "self reliant". Fed its people the same BS about self sacrifice and other the whole other people bad and us good thing. It's ironic that these are the same people that have thrown around the word Marxism so flippantly. When they themselves are surely moving towards that. No one should criticize the government they say. The government should have control over everything they say. Remove the department of education. Keep a lid on Universities because they are breeding grounds for independent thought. You want suggestions you say? Educate more people. Train out of work individuals in programs that give them new skills that are competitive in the world. Invest in new technologies and research. Instead they do the opposite: cut research cut education cut health and safety programs. Is it propaganda if people get sick or aren't educated enough to get jobs that are in demand? Because that's the result that comes of their policies. It's not manufacturing. You want manufacturing then how come they just don't start building new factories then?

Why make it so hard for me to bring goods in to sell at reasonable prices to people that depend on them and at the same time make a profit for myself?

Raise tariffs then the manufacturers I get it from raise their prices, I raise my prices people buy less I have to layoff my employees and I go out of business. People have to go on unemployment and social services. But wait this government thinks people are freeloading off that. So they cut that too. Vicious vicious cycle with no end. It's happening before our eyes. Not propaganda. You just have to see.

Even if I wanted to build a factory here I would have to buy steel which guess what has a bunch of tariffs on.
And hey to make stuff I guess to make toys I would have to get plastic from somewhere. Guess where from: China where hmmm tariffs. So guess again, how are your on shoring of manufacturing plans going to actually work the way you've set them up?
Such geniuses it's amazing these guys can even tie their shoes in the morning.

Upending decades of trade policy is id--tic. Not a single prominent company has stated any plan to re-shore manufacturing in the United States. Idiocy emanating from the Orange id--t and his followers.

@qd+1jqypy3df Timing for what?

Look I'm all for a difference in opinion even when it comes to the politics and stuff. But it's hard when my job comes on the line and there's fanatics in red hats screaming that I should just take it and I need to sacrifice for a better future. How in the doohickey does that feed my family today??? Nah man sounds like a cult to me.

And why is that? It's def not for altruistic reasons. It's to protect our own business and market investments in those regions. Because guess what it's a global economy and if we don't protect our own interests outside it comes back to bite us internally.
We do it because we want to maintain a controlling interest in the way the trade goes in that area. If we weren't there nature abhors a vacuum. Someone else would step in and we would be subject to their rules. That's why we invest in those areas. Because the alternative is worse than us not being there. Please don't be naive. It's not a simple equation. Look deeper into it. It's not the simple propaganda that you are fed. Look and find out for yourself.