Heard a SVP was let go and a couple others. More coming??
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More layoffs are planned for March. Though some have all ready started happening in February. Good luck playing on Survivor Island.
@wg director and above
@wa what level do you need to be to get stock options?
Growth mode started in 2018…. and still has not shown up on the ledger. Quit waiting for my 2015 stock options at $24 to be worth anything!
I guess when you are CEO and chairman of the board there’s no one to answer to……where’s the accountability. Thought Mattel was supposed to be in growth mode?
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@ny the script is the same as it was 5yrs ago, go back and watch any press release, same song…..but wait, new movie coming out and that one for sure will make the company tons of money just like the Barbie movie didn’t…… leaning into our iconic IP, the best IP in the industry. You know like Barney, lol
Early estimates from Wall Street on Mattel 2025 earnings, Mattel revenue down 5.5% YoY. Tomorrow will tell more regarding layoffs. Let’s see how earnings call is sugar coated? The script is already written and portion’s prerecorded. Ask around? As employees and shareholders, everyone should be pi---d off!
@ef who stepped into his role?
@b4 I heard mark mc
Yeah I heard Lisa was let go