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Mattel goes through another round of layoffs [Los Angeles Times (CA)]

Mattel, Inc. (MAT)  More Company Research Source: Los Angeles Times
Last mattel, inc. earnings: 2/13 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.shareholder.com/mattel
According to a notice sent to state and local officials, the company behind Barbie and Hot Wheels will lay off 65 employees from its El Segundo headquarters, effective on May 22 — about a year after it laid off 120 workers. Employers are legally required to submit a WARN notice to alert employers, state and local officials at least 60 days before major layoffs. The initial notice was submitted on March 23. The company let go of 89 workers in January, part of restructuring the company's global brands team, a Mattel spokesperson told the Los Angeles Business Journal Mattel didn't immediately respond to a request for comment. The shrinkage follows lackluster economic performance in 2025, which plummted the company's shares by 25% in February. The company lost close to $1 billion in market value. The stock market dip came after the company announced weak holiday-season sales, with Barbie products lagging. The doll, a Mattel staple, rose to the spotlight following the 2023 hit m [Read more]
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Stockreport

Mattel goes through another round of layoffs [Los Angeles Times (CA)]

Mattel, Inc.  (MAT) 
More Company Research Source: Los Angeles Times
Last mattel, inc. earnings: 2/13 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.shareholder.com/mattel
According to a notice sent to state and local officials, the company behind Barbie and Hot Wheels will lay off 65 employees from its El Segundo headquarters, effective on May 22 — about a year after it laid off 120 workers. Employers are legally required to submit a WARN notice to alert employers, state and local officials at least 60 days before major layoffs. The initial notice was submitted on March 23. The company let go of 89 workers in January, part of restructuring the company's global brands team, a Mattel spokesperson told the Los Angeles Business Journal Mattel didn't immediately respond to a request for comment. The shrinkage follows lackluster economic performance in 2025, which plummted the company's shares by 25% in February. The company lost close to $1 billion in market value. The stock market dip came after the company announced weak holiday-season sales, with Barbie products lagging. The doll, a Mattel staple, rose to the spotlight following the 2023 hit m [Read more]
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MAT
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Price Change %
Volume Shares
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%
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Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
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MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
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%
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%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS