Do Anyone know what is happening?
Topics regarding layoffs at Fossil Inc.
it is amazing how bad Fossil is being managed when there is such strong demand for accessible, 90s brands - i am not talking about layoffs or politics here...i am talking about BRANDING, STYLES AND PRODUCTS. There is no a single sku that is a true... — read more
I haven’t heard many rumors about layoffs lately. When it’s quiet, I panic more because I think a storm is brewing. Perhaps I'm overreacting because on this forum layoffs haven't been mentioned much lately. Does anyone have any insight about possible... — read more
I really hope management does not on the way and is too greedy about this proposal. A combination with Citizen would be a game changer...they have done a fantastic job in growing and keeping Bulova and Citizen relevant in the US. Adding Fossil... — read more
It’s great to see so many promotions going around at the expense of so many job cuts and reduced salaries!
Personal or company?
https://finance.yahoo.com/news/fossil-reveals-96-million-loss-224132213.html The watch and accessories maker revealed quarterly and full-year earnings Wednesday after the market closed, falling short on top and bottom lines for the quarter and... — read more
Some people received the email about his personal problem, look quite serious. Anyone receive or see it?
You guys ever get an org chart for Americas region? LOL
It was mentioned in one of the previous threads, and I have also been hearing rumors, that there are plans for more departments/groups to be affected by off-shoring/outsourcing in Q3 and Q4. Does anyone have more insight into which departments/groups... — read more
It would be great if people here would share their experiences after leaving Fossil/ getting laid off. Recently a former colleague contacted me for advice whether to leave this company even though she got a new job. I couldn’t believe what she was... — read more
Not wanting to name names, but does anyone have a manager who lacks total and I mean TOTAL common sense? Sometimes I wonder how s/he came into that position. As the saying goes, the more intelligent you are the less common sense comes with it. For... — read more
Does anyone have more detailed information on the next round of layoffs?
I remember my first day here and how full of optimism I was. I had finally gotten rid of the last company in which I went through all sort of nightmares. Optimism in my case lasted only two or three weeks. I immediately realized that I hadn’t... — read more
This company has had incredible creative talent walk its hallways, and it was muscled out because of jealousy. Those doing it had lacked the same talent and were preserving their upward mobility. Work somewhere where they aren’t intimidated by smart... — read more
Over the past few months, I’ve been enormously stressed because poor management is so obvious, you don’t have to be an expert to recognize it. It’s hard to watch a company sink deeper and deeper and as an employee have absolutely no control over it... — read more
My advice to anyone still working there, whether you are a manager of a small team, senior leader, individual contributor or intern is: if you believe in the current plan, process and/or the people driving it and believe you will be happy and have a... — read more
The constant remarks that I am replaceable and that I am happy to have a job has only contributed to me working as little as I can, just as necessary. I am less productive than ever. I simply don’t have the will to work at all and all I think about... — read more
Cutting “costs” is more helpful to a company with well thought through, documented processes and effective cross-team cooperation; that helps with productively bridging self-created cost-cutting gaps in the foundation. When you are not that company... — read more
Am I the only one who realizes how lucky I am to even have a job right now??? I understand now's not the time for me to say just pack up and leave but for the love of God start appreciating what you have a little more. This place is not perfect but... — read more
Can't live on the past glories but I certainly think Fossil still has many advantages over other companies. It’s not that it’s wonderful for me to work here, but I’m still attached to this company and I hope it gets back on track. I don’t like to... — read more
I heard some of our IT friends were let go today. Not sure if it was IT only or if any other dept was impacted. Does anyone have any info ?
Probably the most stupid thing I heard for a while! May looks great on paper, but will be a big fail in real life.
Yesterday I found some older photos with former colleagues and I got quite nostalgic when I remembered those happier days. I wouldn’t want to offend anyone, but there are fewer and fewer talented people here. All the best workers I know have gone... — read more
What’s going on at FOSLl today? More layoffs announced or did the Dino sells the company off after all his wrong decisions?
Fossil has never returned value to its shareholders. Never offered a dividend and any stock buybacks were cut short. It’s never used excess or financing capital properly during growth years either to acquire talent or intellectual property. It’s... — read more
I know a few people who think they're safe from layoffs primarily due to their years with the company. I guess they learned nothing from previous layoffs when it was obvious that the main goal was to get rid of as many people with higher pay (which... — read more
With the way this company is managed and run, it seems to me that anybody would be able to do so and that it doesn't require any knowledge or skills at all. Not listening to what employees think, caring about them minimally, putting them under... — read more
Should we expect layoffs at this Richardson office this year and when? Not sure how leaner we can be.
What to expect in severance package? I hadn’t thought too much about it before, so I didn’t even inquire. I am also interested in what happens to those who do not accept the severance package? Is it even possible not to accept it and is there... — read more
A friend who received notice told me that she had been hastily preparing her resume lately. Because of the way her superiors treated her, she had a clear feeling that she would be axed. Judging by the atmosphere in the company, it could be said that... — read more
Several stores are closing again. All markets . I was given 2 weeks notice and a small severance package.
These are just a few of the many customer complaints about not getting refunds. What happened to Fossil's Integrity? "@fossil STILL DID NOT GET A REFUND ON MY ORDER. IT HAS BEEN A MONTH. CALLED YOUR CUSTOMER SERVICE LINE SEVERAL... — read more
Ever since I started working in this company more than six years ago, there has been favoritism, and it has become more pronounced year after year. Others who are not in a position to be favorites must learn how to work “under the radar”. It’s so... — read more
Let’s not kid ourselves, one of the burning issues is a product that is not appealing to customers. Although I believe that there will always be buyers of traditional watches and that they have a lot of their advantages, they need to be adapted to... — read more
*Considering there is a huge downsizing of the dallas office space happening currently, with absolutley no explanation, there is the possibility that fossil will be no more. Would be cool for some kind of open conversation from the higher ups but... — read more
Addressing the obvious elephant in the room.... jcp is/was going to sublease part of dallas office. Anyone want to share wtf is happening?