Barbie’s house just shrank. Toymaker Mattel is chopping 89 marketing and design jobs at its El Segundo headquarters, starting January 12, 2026, as it carves up its global brands team into a new “brand-centric” structure that’s supposed to save $200 million by 2026. This round is on top of the 120 shed last March. The toymaker says it’s about strategy and efficiency; for the staff laid off, it’s just another round of corporate make-believe where the brands live on and the people get boxed up and sent home.
Pat Maio - OC Register
Mattel laying off 89 workers in brand restructuring
Mattel laying off 89 workers in brand restructuring
