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Mattel laying off 89 workers in brand restructuring
Mattel aims to save $200 million by 2026 through a new brand-centric model, affecting 89 employees in marketing and design at its El Segundo HQ.
Summary by OC Register
7 Articles
7 Articles
Daily Bulletin+6 Reposted by 6 other sources
Mattel laying off 89 workers in brand restructuring
Mattel, the toymaker behind Barbie and Hot Wheels, is laying off 89 workers at the company’s El Segundo headquarters as part of a restructuring of its global brands team. Karen Ancira, Mattel’s executive vice president and chief people officer, wrote in a Nov. 13, 2025, letter filed with the state’s Employment Development Department that the toymaker would begin the layoffs Jan. 12, 2026. “We greatly value the contributions of all our employees …
·Cherokee County, United States
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Coverage Details
Total News Sources7
Leaning Left0Leaning Right2Center5Last UpdatedBias Distribution71% Center
Bias Distribution
- 71% of the sources are Center
71% Center
C 71%
R 29%
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