Thread regarding Mattel Inc. layoffs

CNN is only insulting if you don’t like reality and would rather smash your keurig that you had already paid for. You just become even stupider and more irritable.

Oh please call it HasMat.

Go back to CNN RD.

Go back to Fox News sean hannity.

What a sad, desperate gambit for Mattel to perpetuate this crock of sh--. Once the smoke clears and the stock falls to 10 where it belongs, the tale of the BoD who Cried Wolf will be in the storybooks. What a movie!

All rubbish. There was never any offer made by Hasbro to Mattel. It's all speculation by the masses. One reporter gets ahold of this fabricated story and the rest of the fake news media sheep latch on. There will be no merger, no takeover, no acquisition.

Face it. The hasbro offer is a stock scam. It doesn’t erase each company’s bad decisions, erase debts, change purchase dynamics of kids. It simply gives investors pipe dreams empty promises. And increases the wealth of each board member. Greed.

Has-been? Nah, GE is more likely to buy us after their copycat "Investor Day". Their all-too familiar stock plunge, dividend cut, and much-maligned "turnaround plan" is a perfect fit. Wait, has our Board of Directors been moonlighting at GE? https://www.cnbc.com/2017/11/14/wall-street-is-stunned-after-general-electrics-unsettling-investor-day.html

Last poster for the win! And that boys & girls is why should a merger occur most of not all of you will eventually be unemployed. Bunch of clueless fools... 30+... get a grip.

No wonder Mattel is struggling when current employees seem to imagine there are 30K+ employees somehow all in the U.S. Fundamental misunderstanding of the business.

The age of the big toy company looks to be over, if Hasbro acquires Mattel.

Hasbro has had its ups and downs over the years. It has purchased many smaller companies and merged them into itself. Ending Playskool (why haven’t they made a stronger play in the market against FP?), Kenner/Tonka (Tonka is licensed out) and other companies usually at bargain prices.

When doing well Hasbro hires, then big layoffs and consolidating back to RI when doing poorly. If the merger goes through, thing will be the same for a while until a few bad quarters, then the cuts and consolidation back to RI. Until finally it’s just Hasbro, and many good people will be unemployed. Hasbro will have room for 65,000 employees, or less, and there will be 35,000 or more unemployed US toy people.

Merger could be a good thing in the long run. The analysts are forecasting that if Hasbro offered $33 per share for Mattel stock, representing a premium of about 30%, Mattel would save around $80 million in synergies over the first year, $240 million in the second and $400 million in the third. By 2019, the analysts say the deal could lift Hasbro’s EPS by 33%.

Dammit! How'd you know it was me? Onward!

Thanks for that last comment RD!

First of all Mattel stock is a deal. Even if you just figure how much you can sell off each brand separately. It will make you money if you buy it.

Secondly hasbros girl business is sliding. Their Disney dolls aren’t selling worth what they cost to make. That’s what happens when you listen to so called creatives who haven’t made a single physical thing. So they need Mattel’s expertise.

Thirdly hasbros just as layered as Mattel. With the same kind of good and worthless people. So who knows. Can’t see how this is good for anyone.

Unless one assumes one of the reasons Hasbro might be interested in merger would be to take advantage of Mattels in house manufacuting capabilities. The factory workers make up the vast majority of that labor force. What do you think the EA office employees 10k people and ES 15k with the as additional 5k split among NYC and Madison? Give me a break dude.

things are just too far gone down the rabbit hole for a mattel bounce back. I’ve gone through several ups and downs with the company over the years but i’ve seen even the most positive of people leave for greener pastures. It’s truly sad that things have gotten to this point.

Tomorrow, i finalize new employment and come tuesday/wednesday i will render my resignation. I wish you all well and hope that things turn around for you. I will truly miss my family at Mattel.

In an age where large toy companies are like dinosaurs Hasbro and Mattel are both on short leases. If this happens it merely forestalls the inevitable collapse of the large one trick ponies. The business model is doomed to fail in favor of smaller more nimble companies. Sooner these behemoths accept that the sooner they can lie in their graves and wait for the end.

News of Hasbro takeovers confirms to the business world and outsiders who do not feel our pain at Mattel. Executive management, strategy, and execution of business at Mattel have been aweful. Good people will lose jobs whether this takeover occurs or not. Take "Onward" and "wonder values " and the sophomoric delivery of this nonsense and shove it. Rubbish , all of it!