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
Topics regarding layoffs at Fossil Inc.
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?
Isn't Fossil concerned about the constant customer complaints that are taking over the comments section on Fossil’s social media posts?!? The customers constant complaints, venting, and frustrations about their orders, and the lack of customer... — read more
The lay-off delay but should be done within 2020. Do anyone aware hidden agenda about the lay-off planning from new PT Executor? So questioning under company restructure and got promotion; is this related with rumour of abnormal and unethical... — read more
As someone already mentioned, our business is based on products developed by whole teams of people who are no longer in this company. Things are relatively easy for us now but how long will it last - who knows, because I doubt very much that there... — read more
https://simplywall.st/stocks/us/consumer-durables/nasdaq-fosl/fossil-group/news/trade-alert-the-executive-vice-president-of-human-resources We wouldn't blame Fossil Group, Inc. (NASDAQ:FOSL) shareholders if they were a little worried about the... — read more
It's been a tough few years, and clearly the company has made its share of mistakes. But, I am really encouraged by the results from the last two earnings calls. If we can be profitable in the middle of a pandemic, imagine what's possible when we... — read more
Heard more lay off is coming. But why the corrupted management members could take such serious decision? More replies will share in here and solid testimony.
Thoughts? Any Fossil Layoffs 2021? Any news or rumors?
https://finance.yahoo.com/news/fossil-group-inc-announces-date-203000394.html Everyone practice your “read between the lines / business speak” skills.
Hi everyone! I just scheduled a second interview with Fossil for a Social Media Specialist position. I was really excited about it because I’ve been furloughed since April. I came across this forum and your postings about their recent layoffs. Has... — read more
Not sure Fossil can count on online selling either to make up for stores closing during crucial retail holidays - Fossil’s customer service and support has gone down the drain ever since it has been outsourced! Just look at customers reaching out... — read more
European countries impose new lockdowns in November. Not essential retail stores in France, UK, Benelux will be closed at least until December. Germany and other countries with surging cases put in place more restrictions and will be evaluating... — read more
The company has been in existence for over 30 years and I can’t even pinpoint when it started to go bad. What I do know is that now we have such low morale because of the constant layoffs, a culture of egotism, and the upper management that will... — read more
So, are we supposed to actually believe that this new Senior Leadership Team is going to actually do something for the company? Seems like a great way to mask raises for those in top positions while the rest of us take our pay cuts this year and... — read more
Again mass layoffs in EMEA today: commercial, marketing, IT, supply chain... They won't stop until they eventually fire everyone.
I got laid off in the last round of layoffs in June and it’s sad to read how unhappy of a workplace Fossil has become for some. Makes me feel like I was lucky to be let go. I recently got a job which I’m so excited about and want to encourage those... — read more
Does it seem tacky to anyone else that management are being “kind and generous” to offer another bonus program (based on the company hitting certain goals for remainder of 2020)? In the same year they did two rounds of large layoffs, plus under the... — read more
I am begging all of us reading this who still work at Fossil, it’s time for us to leave. A lot of good people have left (voluntarily) and a lot of good people were let go. There is no reason to stay. The culture is dead. The leaders have no... — read more
And this continues, now many Assistant Managers in the stores being let go, any other cuts that we need to pay attention too? I'm upgrading my Resume yet again, is this going to stop? This is no way of living, every other month.
Did they really cut a lot of employees pay? By how much? I have not noticed any difference in my check yet?
Any warehouse/distribution employees concerned about layoffs - consider stopping by Onin Staffing's office in Richardson. They have over 100 positions open in the Garland area ($10-15 per hour depending on shift/position) , and also have 200+... — read more
I heard there were some layoffs this past week of June13th on the portfolio brand teams. Were there more in other departments? For those of us left - how long are we really safe even if we survived the last two big rounds of layoffs?
anyone know what this call is about? What’s happening with our furlough management? Are paycuts going to happen at store level also? it’s quite at stores no communication with district leaders. Feeling unappreciated since we are the ones out... — read more
I wanted to see if anyone had an update on what teams were let go? What does the new structure look like? New world Fossil 3.0 ha
Kosta's email confirmed that layoffs will begin Monday. If you are not laid off, then there will be a permanent pay reduction for 'most' employees. As many times as Fossil has completed layoffs, you would think they would learn to do the layoffs... — read more
Does anybody have a view on why Greg McK keep buying the stock the more it falls? It has been a falling knife so far but he has been putting A LOT of money in the stock (more than 4mn $), of his own money (not options) and he now owns 2% of the... — read more
Anyone know what the plan is for july? Will we see An extended wfh schedule, layoffs? Would like to get some sort of info.
There has been a virus at Fossil for a longtime. Years of crazy acquisitions, licensing agreements, product ideas (hello Craft), senior staffing decisions and a corporate headquarters that was never used to its full potential. Now - leadership can... — read more