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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.
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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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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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