How is it possible company locations haven't been consolidated by now? When I was at Mattel there was gross overlap between EA, NYC, Mega and EA. Constant conflict at the executive level and toes being stepped on left and right. Mattel is still structured as a massive operation and it surprises me office closures haven't happened yet to help right the ship.
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Heuuuewwwwww Man Bun Ken....that's just embarrassing.
Dear NYC Idiot,
FYI here is a list of new and innovative Mattel products scheduled to hit store shelves in the next few weeks or so just in time for the holidays.
Aristotle
Sproutling Wearable
Hello Barbie Hologram
Thingmaker 3d printer
What does NYC have offered up for 2017 holiday?
It's true, the whole Ken man bun was lame AF.
Dear idiots in El Segundo (there are sooo many of you):
Before you start throwing rocks at NYC or any other location, please look in the mirror and truly ask yourself, "Would I back this location?":
1) Barbie was $2B and now won't even reach $900M this year
2) Hotwheels makes a few pennies per basic car, and all the business has migrated towards licensed cars (which make more money than basic cars, but is a far cry from what we used to make on playsets - which are in the toilet)
3) Monster High went up like a rocket and crashed like one, too because of mismanagement. Even when we have something good, we kill it with our arrogance.
4) Aristotle - what a freaking joke courtesy of Sid - he should be run out of town
5) Thingmaker - never saw the light of day
6) Pottery Matchbox loader and Cookie Mixer cement truck - c'mon...................
There isn't ONE brand you knuckleheads are working on that isn't either in severe decline or doomed to fail. At least in NYC they are still growing Thomas and taking calculated risks with new properties, like Bing!. You can rant all you want about expanding Bing!, but you people actually make press releases for things like man-bun Ken and WWE fashion dolls! These are embarrassments that no toy professional would ever want on their resume, never mind stating it in public!
aren't all of mattels backup servers in texas? if so are they underwater?
Bing is rad AF.
ho boy! bing! now THATS AN EVERGREEN PROPERTY!!
Mattel will not move to Texas. We need to stay here near the entertainment companies. Toys are dead, or at least just a novelty item to go with the digital creative media and content that is the real money maker and the direction its all headed to.
We just reupped our license of Bing, so there's that.
that's what you get when you have design led by marketing. dummy marketers should market what's designed and not dictate design based on what a bunch of bored mom's and nannnys have said in a closed room after being plied with free food and a paycheck or useless metrics which have thus far proven pointless when it comes to tipping the needle towards the black. people need to know their roles and shut their mouths so the company can start making money again. NYC was once the licensing hub when we did business with sesame, nick, etc... but since the great white whale never brought in a property worth a damn there's no need to keep that overpriced playroom open.
And the staff over there is in incessant infighting and fear mongering. Buncha mongerers.
NYC = HIGH COST + NO PROFIT = LIABILITY ... close the office.
Actually Mattel should steal a page from Toyota's playbook and move everything to Texas to reduce costs. There's no turnaround coming. Of course only second-tier people would make that move but that's all that's left anyway. All the real talent already quit or was laid off.
The NYC office is a legacy issue from Mattel's heyday and no longer required. Look for other offices to close by end of this year and end of next year. Hasbro had to do it when it closed Kenner, Milton-Bradley, Parker Bros., Oddz-on, Larami and all the other acquisitions it's made over time.
Mattel has really taken the big leap yet to do the same with the NYC office, East Aurora, Madison and it's plant in Mexico. All are superfluous when the stock is tanking and you only have 20-something millennials frolicking around eating ice cream.
NY has been seeing hints of it's eventual closing coming for the past few months. A lot of designers have been visiting other sites. Some being interviewed others being evaluated covertly. The rent vs productivity just doesn't warrant the expense and the current marketing led leadership has proven that motherless marketeers relying on metrics do not equate to sales.
the NY office can close. they've already started asking employees about relocation so it's only a matter of time. We don't need to pay NYC rent. Everything else can be folded into EA or ES. Even the satellite offices are going to be reduced.
Here's why:
All those other sites you want to close produce more PURE PROFIT than all of the over-inflated, entitled egos in El Segundo. Take a look at the annual report and you can see for yourself, Einstein.
Keep your mouth shut with your juvenile and immature opinions - you know not what you speak of. putz.
But, but, we NEED that two story building in Irvine so we can produce crayons and marking pens that lose money!