Mattel, the toymaker behind Barbie and Hot Wheels, is laying off 89 workers at the company’s El Segundo headquarters as part of a restructuring of its global brands team.

Karen Ancira, Mattel’s executive vice president and chief people officer, wrote in a Nov. 13, 2025, letter filed with the state’s Employment Development Department that the toymaker would begin the layoffs Jan. 12, 2026.

“We greatly value the contributions of all our employees and do not take any action regarding our workforce lightly,” Ancira said.

Ancira made the filing as part of the EDD’s Worker Adjustment and Retraining Notification process. A WARN notice is required when an employer lays off more than 50 employees or a significant percentage of its staff.

The permanent job losses are part of a cost-cutting eff

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