Mattel lays off 70 employees amid continuing financial struggles

Mattel lays off 70 employees amid continuing financial struggles

Mattel Inc. laid off 70 employees earlier this month, according to a California Employment Development Department report. Mattel had 32,000 employees as of last December, according to its Security and Exchange Commission filings. The cuts, which were effective Dec. 8, come during a time of financial …

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