Employers are legally required to alert employees along with state and local officials at least 60 days before a mass layoff in what’s known as a WARN notice. Mattel submitted the notice on Monday and said it expects laid-off workers will start leaving the company on May 19.

Mattel is cutting 120 jobs in May at its El Segundo headquarters, part of a cost-savings initiative that will save the company millions of dollars by 2026. The layoffs, described in March 17 letter to the state’s Employment Development Department,

Mattel, the toymaker known for Barbie and Hot Wheels, plans to lay off 200 workers as toymakers face looming disruption from U.S.-imposed tariffs.

Workers at Mattel’s El Segundo headquarters were bracing Wednesday after the toy company behind Barbie and Hot Wheels filed a notice with the state to lay off 120 employees. The layoffs will impact roles across marketing,