US EditionMattel laying off 120 workers at El Segundo headquarters
10 Articles
10 Articles
Mattel Laying Off 120 Workers As Part Of Cost-Cutting Push As Toymaker Also Reckons With Tariffs
Mattel, the major toymaker known for brands like Barbie and Hot Wheels, is laying off 120 workers. The El Segundo, CA-based company disclosed the planned cuts via a California-mandated WARN notice to state and local officials. The workers who are exiting held titles including manager, director and VP, according to the notice, which was included […]
Daily Bulletin
Mattel laying off 120 workers at El Segundo headquarters
Mattel is cutting 120 jobs in May at its El Segundo headquarters, part of a cost-savings initiative that will save the company millions of dollars by 2026. The layoffs, described in March 17 letter to the state’s Employment Development Department, will affect dozens of employees in management positions in its marketing, design and information technology departments. Mattel’s letter to EDD says the job cuts begin May 19. “We greatly value the con…
Los Angeles Times
Mattel to lay off 120 workers in latest cost-cutting move
Mattel said the job cuts are part of an effort to save money as the company optimizes for growth.
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