Also. . .

* Mattel Inc. Chief Executive and Chairwoman Jill Barad said she won’t seek reelection to the board of Microsoft Corp. because she wants to focus on her duties at El Segundo-based Mattel, the world’s largest toy maker. “In three years with Microsoft and Bill Gates, I’ve gleaned more about where the world is going than I could have learned in a lifetime,” Barad said. “But my priorities today need to be with running Mattel.” Barad has been a director at the software giant since 1996.

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* Rite Aid Corp. said that it was cutting 330 jobs in a corporate downsizing it hopes will generate after-tax savings of $20 million a year. The Camp Hill, Pa.-based company also plans next year to move a West Coast distribution center to Lancaster, Calif., from Ogden, Utah, by mid-2000.

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* Unocal Corp. said it will restructure its West Coast fertilizer business as a separate, wholly owned unit to make it easier to sell. The business, which will adopt the Prodica name on Friday, sells nitrogen-based agricultural products and industrial chemicals. It will remain based in Brea.