Shares of Mattel were deep in the red on Wednesday after the company revealed that it would be slashing 2,200 jobs as part of a cost savings plan. The company also reported dismal quarterly results that missed in sales. For the quarter, net loss was $240.9 million, or 70 cents a share. In the year … Continue reading “Mattel to Terminate Over 2,000 Jobs”
Author: Sophia Vida
Sofia has been writing for major news outlets for over 15 years. In her spare time she enjoys hiking, walking her dogs, and going to concerts.
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