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Tuesday, April 10, 2018

Toy maker Mattel is shuttering its New York office

More empty office space in New York, poor things.

https://www.cnbc.com/2018/04/09/toy-maker-mattel-is-shuttering-its-new-york-office.html

Toy maker Mattel announced on Monday that it is closing its New York office, as part of a previously announced $650 million cost savings plan.
The closing, which will take place in phases through the rest of the year, will affect roughly 100 employees.
The office was not a strategic location for the company, a spokesperson told CNBC. Most or all of the employees will be relocated to one of its other principal locations in the U.S., he said. They include: Los Angeles, East Aurora (its Fisher-Price store), Middleton, Wisconsin (its American Girl store) and London (its Thomas & Friends store).

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