Thread regarding Mattel Inc. layoffs

@qc+1jqypy3df That’s a good point, not to mention that the US spends more money on European military and defense than any other country and we efficiently pay for all of Japan and South Korea’s military and defense. Americans spend close to $80 billion a year to provide the EU and Japan/Korea security and military.

FP for sure gonna get hit.
Anyone have any idea on timing? I heard within 30 days.

People seem to underestimate just how well positioned the USA is to set the terms of global trade policy; Americans spend more money on consumer products each year than the entire continents of South America and Europe combined. We spend more than all Asian countries combined (Japan, Korea, India, China etc).

Being crystal clear, the cancer that is Trumpi$m has metastasized. The sickness has already impacted Mattel employees livelihoods. Be thankful for what you have, but stand up for yourselves when needles pain is inflicted by Trump irrational policy. If you don’t , your career at Mattel is on the list for the chopping block. There is a direct correlation.

One cannot pretend to ignore that the decisions made at the national level do not affect the stability of our jobs at Mattel.

As previous poster pointed out as much as you don't want to discuss politics at work it's hard not to see how this climate of instability that has been created affects each one of us daily. From job security to the ability to buy groceries. This is not good for anyone. Mattel has to stay profitable. If this continues they will have to lay more people off to protect their investments. Investors that hold a large percent of holdings are already rich. They won't want to lose money at the expense of jobs. The only people harmed are the ones that have to work for a living.

To think that the rest of the world will cave to the whims of a toddler that wields economic policy like a blunt cudgel swinging it like a blind simpleton in a glass factory is ludicrous.
It smacks of an obvious lack of basic market understanding and human and political intelligence. The sad victims of this brinkmanship are the ones that lose their jobs, pensions, 401Ks etc. Why should not people question the approach when there is a direct and immediate impact to their policy? Inflation and layoffs and stocks crashing aren't enough to be concerned about? Should we be just good citizens and have faith that the Don has our best interests at heart? The same guy that has gotten caught lying about oh so many things much less convicted by a jury of his own peers. Choose to sling the word logic around but don't use it selectively. The approach is wrong and most people are seeing it. Manufacturing will not come back overnight just because you tariffed the bejeezus out of everyday goods. Fixing something like this is like fixing. a flat on a bus you're riding going.a hundred miles an hour. You have to be careful not to ki-l everyone on board. What they're doing is puncturing all the tires at the same time and cutting the brake lines with the logic that we need to make a new bus instead.

The proactive and positive approach is to excise the cancer that is driving idi@tic policy in national policy.

This is how poorly thought out policy at the national level impacts a career at Mattel. Layoffs , cut backs, reductions in revenue, profit margins and operating profits. You know those calculations well at Mattel don’t you? If you have not made your millions at Mattel, bend over because you’re about to something else! Plain and simple. We all want “ not deal with politics “ and go about our ways of daily professional life without thinking or speaking national policy, you can’t anymore.

It is not naïveté when trying to optimize fair and balanced trade considering the current global supply chain, but rather sound logic. Markets are reactionary based on propagandized emotion rather than common sense. They historically ebb and flow. For now you continue to offer nothing but complaints vs any “optimistic” solutions.

Being naive to a highly developed world supply chain, is not a balanced approach to bring manufacturers back. The Paulianna approach is lame and squarely in the lap of the White House . On January 19th, Markets were at their peak , unemployment ata 50 year low. 75 days later, that has changed due to stupidity and self inflicted economic malfeasance.

It will do many things including reducing debt. Primarily it will force countries including American businesses to manufacture domestically, creating jobs, increasing corporate tax revenue, individual tax revenue, lowering unemployment, and reducing the national debt, which in turn lowers interest rates making everything more affordable. So please continue on with your complaining or as mentioned, how about suggesting some real solutions that you feel would resolve things.

So people losing jobs, homes, businesses from these stupid tariffs are ok because you think it will get us out of debt?
The proposed cure is poison that will likely ki-l the patient and has absolutely no proven facts that it will deliver what they promise other than allow them to buy up more stocks at discount prices and when they lift these manufactured tariffs they will make more millions than they already have at the expense of the stupid people that put them there.
Yet by all means follow them blindly over the cliff as you lose your job at Mattel or wherever else you work and keep telling yourself that there're sunny skies ahead. Gulf of America my a$$.

@ey+1jqypy3df, you don’t sound like someone who wants to be taken advantage of, but higher irrational tariffs from all other countries are ok?

Ok, so you would rather lose it all when the country defaults on its debt? Sorry that we are all having to endure some pain in order to save this country from the recklessness and bloated bureaucracy that reflects the carelessness that has become D.C. In the meantime why don’t you share some ideas as to how else you would fix things? There is a reason why China has a deflationary economy, it’s because we are no longer a self reliant country. Go ahead and complain all you want…meanwhile at least Don is trying to fix things and your shortsightedness has nothing to offer but nonconstructive complaints.

Pretty sure this is old news.

Yes it's confirmed.
You can thank your pal Donny and friends for tanking the market and economy for this. And if any of you enablers say otherwise you better STFU and check who's making policy over there and actually causing people to lose jobs, homes and businesses.