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REPORTED · NEWSPublished Mar 28, 2026

Mattel Cuts 65 Jobs at El Segundo Headquarters

EMPLOYEES AFFECTED
65
SHARE OF WORKFORCE
~2.2%
EFFECTIVE DATE
Oct 1, 2023
65 OF 3,000 EMPLOYEES

What we know

Location: El Segundo, California, USA.

Based on news reporting.

Summary

Mattel, Inc. has laid off approximately 65 employees at its headquarters in El Segundo, California. This decision is part of the company's ongoing efforts to streamline operations and adapt to changing market conditions. The layoffs reflect a broader trend in the toy industry as companies adjust to shifts in consumer demand. Mattel has not specified which departments were affected by these job cuts. The company continues to focus on its core brands while navigating the challenges posed by the current economic environment.

Mattel, Inc. cut 65 jobs as of October 1, 2023.

That is roughly 2.2% of the 3,000 people Mattel, Inc. employs.

LayoffTalk has tracked 6 layoff events at Mattel, Inc. since October 2023, affecting a combined 1,969 employees.

Comments (1)

Anonymous by default. Be kind — people reading this may be going through it right now.

LTLayoffTalk StaffStaff21 hours ago

Mattel, Inc. cut 65 jobs on October 1, 2023. What did this look like from the inside — which teams, how much notice, what severance was offered? You can post anonymously below.

SOURCE
News reporting
View original source ↗
M
Mattel, Inc.MAT
Consumer Discretionary · 3,000 employees
6
EVENTS TRACKED
1,969
AFFECTED SINCE 2023
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CREATED MAR 28, 2026LAST UPDATED APR 1, 2026