Thread regarding Mattel Inc. layoffs

it's a two for one feeling of happiness.

There is as much joy in watching your enemies suffer and fail as there is in moving on and getting a better role!

Yeah, watching this ship sink and knowing that my dismissal didn't right the ship is comforting. Quite honestly, i wouldn't change a thing. getting laid off was the best thing that happened. Thank you mattel and i will roast marshmallows over your burning corpse laughing at all the incoming texts from those let go who forgot i ever existed after i was let go. payback is a b--ch.

I'm not sure why so many of you are sad that Mattel is tanking. I for one am happy that the company is failing and pray that it gets taken apart bit by bit as its assets and brands are sold off. I was one of those unjustly let go and have nothing but contempt for a company and a management team that are simply AMATEURS in understanding and running a business. They deserve to see their stock options become worthless and deserve to have the shame of being those that stayed with the company as it sank into oblivion.

When you have a Design Center lewdly displaying lifesize cars instead of employing better talent, then it's time to look at yourself in the mirror and ask "Who do I think I am? Jay Leno?!". Sell off this useless dreck, save the money from the storage fees and start getting to WORK.

If M-Go cannot asses that her senior staff supporting her initiatives are the reason we're in this mess in the first place then how on earth is she supposed to be effective in turning the ship around?

Ah, working for mattel and planning for retirement is a joke in itself. this is going to be a turn key profession for hapless millenials without a clue who think they they're on the greener side of the grass until they're shown the door. Until the knuckleheads in charge are given their parachutes we won't be able to climb out of this hole anytime soon. I almost miss some of the grumpy old timers because they got the job done, had a work ethic and though they were grumpy they still had more talent then the current crop of crap we employ. On a side note: pornstache was a useless gourmet coffee drinking VP who evolved from a decent designer into MZ's lackey and eventual sacrificial lamb.

April showers bring May flowers and another drop in the stock price. This gradual bleed-out is hard to watch. Mattel was the biggest and best, and product innovation was king. But now we are where we are and fully deserve to be, on the scrap heap of second-rate toys. There is no passion, no drive, no talent, no skill, no risk-taking, no daring, no fun. What we do have in abundance is fear, desperation, hail-mary, knee-jerk, "whatever my boss says", conformist, predictable, reactionary, too-late, insincere, unremarkable dross.

Margo, WTF are you gonna do? You are surrounded and ill-advised by all the people who got us here. How can they even hold their heads up and look you in the eye? They lack the good sense to be ashamed and resign. You need to clean house and do some corporate raiding to get TOY PEOPLE in here. You must be the wildfire to purge the entire BoD and everyone down to the director level. Every VP has already sold their soul to get ahead in this "friendly fire" environment, tossing best friends under the bus to save their skins. Pull an "Office Space" if you need to, bring in neutral consultants to scrutinize these leeches and reveal them for the charlatans they are.

For God's sake, it's time. We are sinking fast.

no ice cream in the nyc office. hasn't been the same since pornstache got the boot.

CDtheclown forgets that he's making NO MONEY on those idiotic little .99 cars. The ONLY REASON he's up is because Mattel copied Hasbro in creating character cars (Yup, Hasbro did this first when they had the Disney license for die-cast several years ago) and they have Star Wars.

The rest of the brand and it's playsets (the only category they make money in) are down because kids don't play with them. Selling 100,000,000 cars a year? Who cares if they don't make at least keystone margin? Otherwise it's just a "hobby" no matter the revenue size.

What's happening now is exactly why I left when I did. I witnessed zero talent SVP's, VP's, Directors, & so called Managers who did absolutely nothing but get in the way of progress with their stupid suggestions/changes just to prove their worthless existence.

Cost reduction meetings after more cost reducing until the product was crap that wouldn't sell. All that mattered there was how well you kissed butt which I wouldn't do.

So glad I left when I did as I could no longer stand all the cliche speak that meant absolutely nothing from peeps like CDtheClown, Hot Wheels up? compared to what?????

the problem is that there are no more sacrificial lambs to cut. The major cutbacks have already been done, and in the midst of it we lost people who WERE capable and on track to instill change into a tired and old school mentality. Mattel is reaping the seeds it sowed 10 years ago when it did not see the future of kids toys and entertainment. Hasbro did, and is now reaping the rewards of a different vision.

There is no short term fix, the current management team (SL leading the pack) are inept and incapable of leading an organization of this size, and the investors are out of patience. Watch them all cry when their stock value tanks and they are dismissed for cause - financial negligence.

I think it all boils down to what we have become...our culture is one that aims to impress internally. We have created a process so reliant on the believe that we must impress and satisfy the subjective ideals and opinions of those above us. We have become so lost in our internal corporate nonsense, that we don't even talk to ourselves in a manner that sounds normal. Case in point, every time RD speaks to us at an all employee meeting. What a bunch of corporate mumbo-jumbo. It's toys for kids we are creating...remember? Could you imagine how they would feel if they only knew how pathetic we've become internally?

sin-clair's litany of bad decisions are coming to roost. And we are all reaping the benefits of his outdated and old fashioned way to deal with things. how can we expect someone as old as the mummy to lead the company into the 21st century?

How can I work at company with RD and his incompetent crew where there is no accountability. They keep making millions, take boondoggle trips and think they are better than the rest of us. I cannot wait to get out.

i think you're fooling yourself if you think that anyone at the top is going. there will be sacrificial lambs from their departments before any of them get the axe. they'll cost cut to show improve operating efficiencies to cover their tails and buy themselves more time.

What makes you think the stock has stopped plummeting?! It's going to go below $20 this week as there is no excuse or news that the Management Team can possibly say that investors will believe. They've lost all credibility. RD will be the first to go, the SL, then who cares because the cancer will have been cut out by then.