The makers of Barbie and Fisher Price products have not escaped the economic crisis either. Toy maker Mattel Inc has announced it will cutting about 1,000 jobs worldwide.
The cuts, which will affect 3 per cent its workforce and 8 per cent of its professional and management staff, will include a combination of layoffs, attrition and retirements.
Image: People shop for Barbie products at FAO Schwarz in New York City. | Photograph: Spencer Platt/Getty Images
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