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Mattel Shares Tumble After Bond Sale Stopped Over Whistleblower Letter

Barbie-maker Mattel’s stocks tumbled Friday after the El Segundo-based company announced it terminated the sale of senior notes, so it could investigate an anonymous whistleblower letter.

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Mattel Inc. Lays Off 70 Employees to Cut Costs as Turnaround Falters

El Segundo toy company Mattel Inc. permanently laid off 70 employees earlier this month, according to a WARN notice filed with the California Employment Development Department.

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