Toy maker Mattel to cut 1,000 jobs worldwide (AP)
Toy maker Mattel Inc. said Thursday it is cutting about 1,000 positions worldwide in response to the economic downturn. The El Segundo, Calif.-based company, which makes Barbie, American Girl and Fisher Price products, among others, said the positions amount to 3 percent of its worldwide work force and will reduce its professional and management staff by 8 percent.

