Mattel to Reduce Non-Manufacturing Workforce by 4%

Mattel have accelerated a planned 4% reduction of non-manufacturing workforce. The action was designed to “streamline organizational structure and restore profitability.” The plan was pushed up due to the impact of the pandemic. The company expects to save $40 million in cost savings in 2020. The company reported a loss in its first quarter financial … Continue reading Mattel to Reduce Non-Manufacturing Workforce by 4%