Mattel Laying Off 120 Workers As Part Of Cost-Cutting Push As Toymaker Also Reckons With Tariffs [Yahoo! Finance]
Mattel, Inc. (MAT)
Last mattel, inc. earnings: 2/13 04:05 pm
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US:NASDAQ Investor Relations:
investor.shareholder.com/mattel
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Source: Yahoo! Finance
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 in a publicly available report by the Employment Development Department. More from Deadline Lionsgate Television Undergoes Round Of Layoffs Disney Layoffs To Impact Almost 200 Employees Across News Division And Entertainment Networks; Data Site 538 To Be Discontinued Warner Bros DC & Mattel Ink Multi-Year Consumer Products Deal The number of workers leaving is a small fraction of the company's total workforce of 34,000 as of the end of 2024. The reductions follow an announcement last year of a cost-cutting effort designed to boost profits and achieve $200 million in cost savings. The cuts “are intended to strengthen our organizational structure to drive our growth objectives and optimize our operations,” a Mattel spokesperson told
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News
- Jefferies sees solid 2026 setup for toys, favors ‘sticker' fan cohorts [Yahoo! Finance]Yahoo! Finance
- Mattel (NASDAQ:MAT) had its "hold (c+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Toys are talking back thanks to AI, but are they safe around kids? [Los Angeles Times (CA)]Los Angeles Times
- Mattel Appoints Natalia Premovic as Chief Consumer Products and Experiences OfficerBusiness Wire
- Is Hasbro Stock Outperforming the Dow? [Yahoo! Finance]Yahoo! Finance
MAT
Earnings
- 10/21/25 - Miss
MAT
Sec Filings
- 11/17/25 - Form 8-K
- 11/14/25 - Form SCHEDULE
- 11/7/25 - Form 424B2
- MAT's page on the SEC website