Mattel

Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
Sector
Manufacturing
Manufacturing Of Furniture And Other Manufacturing
Other Manufacturing
32.4 - Manufacture of games and toys
1,000 jobs
Number of planned job losses
Job loss
Announcement Date
3 February 2009
Employment effect (start)
Foreseen end date

Description

Mattel, a toy manufacture, has announced that it is to cut 1,000 jobs (i.e. 3% of its staff worldwide) due to the global financial crisis. Mattel employs about 33,000 people in 43 countries and sells products in more than 150 nations. As of February 2009, there is no information about the exact timeline of the dismissals and the affected locations.

Sources

  • 3 February 2009: Hospodárske noviny

Citation

Eurofound (2009), Mattel, Internal restructuring in World, factsheet number 68063, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68063.