https://www.edhat.com/beyond-local/news/california-toy-giant-mattel-inc-to-lay-off-65-employees-at-headquarters/#
Toy giant Mattel, the maker of Barbie and Hot Wheels, is laying off employees from its El Segundo headquarters, according to a notice to state authorities.
The company is expected to permanently lay off 65 employees from its headquarters located at 333 Continental Blvd in El Segundo, Los Angeles County, according to its official WARN notice.
Under the Worker Adjustment and Retraining Notification Act (WARN) Act, employers are legally mandated to provide a minimum of 60 days’ notice prior to plant closures, mass layoffs, or major relocations. The notice gives local agencies and staff time to prepare, according to WARN.
Mattel submitted the documentation on March 23, 2025, and it was processed the following day. The layoffs will be effective from May 22, 2026, the WARN filing showed.
This is the second time Mattel has laid off employees from its headquarters within a few months. In January 2026, the company laid off 89 employees, according to WARN filings.
Citing a Mattel spokesperson, a news report by Los Angeles Business Journal said that the layoffs in January were part of its effort to restructure its global brands team.
Most of the impacted employees held senior or executive positions, including significant roles on Barbie, action figures, and games teams, the report added.
In March 2025, Mattel laid off 120 workers from its headquarters, most of whom held positions like manager, director, and vice president, according to a Los Angeles Times report. The job losses were part of the cost-cutting effort as the company focused on maximizing its profits.
Citing Mattel spokesperson Catherine Frymark, the news report said that the company was targeting $200 million in cost savings by 2026.
Earlier layoff notices showed that Mattel reduced 439 employees from its El Segundo headquarters since 2020, according to the Los Angeles Business Journal.