Huddle next week. Wonder what the HR Stay Puft Marshmallow man will say about continuing right sizing
Truly messed up
I got laid off from Fossil not too long ago, along with a bunch of hardworking colleagues who actually cared about making the company better. We busted our butts to improve customer experiences, drive business, and make an impact with limited... — read more
Get outta there
For anyone that’s left at Fossil, please understand that there is no winning strategy possible for the business. It’s a deadly combo of dead brands and a category in perpetual decline. Trying to turn a value priced watch brand into a premium... — read more
Does Franco have a real plan?
Sorry, slashing & dashing to be a CEO with A&M blindly making workforce cuts they know nothing about. You all never thought this through & it shows.
Train wreck
Behind the scenes, Fossil is chopping jobs left and right, and it's not slowing down. Those so called "retirements" and "resignations"? Just a nice way of saying they got the boot! Don't kid yourself. What's more Tariffs are causing chaos and theres... — read more
Is there anyone left in Richardson who can read?
The number of grammatical errors on the website is staggering. It’s honestly embarrassing to have ever been associated with the brand. At the very least—run a spell check. If I were a stockholder, I’d be furious. The brand clearly isn’t even trying... — read more
Are more layoffs coming?
Are layoffs or furloughs on the horizon? With the company being so cash constrained how long can they survive with tariffs at 245%?
ship long sailed
As someone who has worked here for quite some time, it’s sad to see where we are and/or heading. I’ve gotten to meet some incredible people here, and have also seen them leave. Anyone else miss the old IT team or is it just me ( nothing against the... — read more
Why in the world is anybody still working here?
I left over a year ago and it was the best move I ever made. I saw the writing on the wall and I'm so happy that I didn't hesitate. If you're still there while the company is so obviously falling apart, I'm sorry, but you have nobody else to blame... — read more
Has the company completely given up?
The brand feels like it's on the brink of quitting. The website is overflowing with copy errors, punctuation mistakes, and typos—it's astonishing no one has addressed it. As for the creative direction—what a letdown. Jonas... seriously? Is this some... — read more
Baffled
No wonder the company is failing. The long line of bad ideas can only pile up so long. Who thought a Minecraft line would do well? A "creeper" bracelet? wtf. What hard working adult would pay for this? Im... — read more
Named 2025 Best Place for Working Parents by James aweb
Looks like HR took this 3 minutes self-assessment to see if Fossil qualified for this designation on the Dallas Regional Chamber website. https://www.instagram.com/dallasregionalchamber/p/DGRRKAPv3D3/
Layoffs and Distributors
Any truth to the rumours that there’s more layoffs beginning next week and that smaller operations are being offered up to potential Distributors? Neither surprise me.
New CEO?
Does anyone ever see the new CEO? He is always locked away in the board room with his little minions going in and out.
So many people are leaving
I can't blame them, considering what a mess this place has become over the past several years. I'd happily join them if I could find another job. Honestly, I'd love to know where everyone is going since I can't seem to find anything that pays the... — read more
Silent/Secret Layoffs
Fossil lays off crucial personnel, dumps those employees responsibilities on those remaining, (Transform and Grow initiative) continues to offshore jobs to India, shuts down Swiss Time company, shuts down Polish Fossil and switches to distributor... — read more
Severance?
Is it true people are getting laid off with no severance?
Worthwhile listen
I’m not on the clock yet, so https://youtu.be/4ec_yZCWOCY?si=gdQk-lKgX7Cl8dBA
Toodaloo
https://www.youtube.com/watch?v=ZKB77RzCDMM
Times almost up
February week 2
RTO is most definitely just an attrition strategy
It’s an easy way to get rid of many of us for free. If it doesn’t immediately work, they’ll come up with more compliance criteria. I’m sorry that this is happening to all of us. I’m especially angry for the people for whom it will be too costly or... — read more
Fossil Return to Office
Fossil Return to Office facts Many employees have grown accustomed to the autonomy of remote work, finding it improves work-life balance and productivity. I can't help but question if this is a cost-cutting strategy—intentionally pressuring... — read more
CEO buys shares to drive the share price higher, and benefits from the share price increase!!!!
Fossil CEO buys 350,000 shares at an average value of $1.43 per share. Since the insider bought the share, the market started to feel confident and the share price went up above $2 Overnight, the new CEO has 100% return on the investment!!!. The... — read more
Is Michael Kors renewing their contract with Fossil?
Their global licensing agreement for watches and jewelry is through 2024.
Store Closures
Globally we are headed for a gutting. List any known and confirmed store closures happening now or Q1 2025
January
Big shake ups coming in January. Big downsizing.
Is the new CEO even aware of what is happening
The new CEO seems to be happy posting photos in social media on how he is enjoying riding his mustang in FOSSIL premises on a sunny day, when behind him A&M is standing and handing over pink slips to employees and sinking the FOSSIL brand.
Fossil Layoffs 2025
Anyone would care to chime in with a prediction about potential Fossil layoffs? Any chatter, news or rumors?
Here we go again…
I’m hearing that there are layoffs happening today, is this true?? Does anyone have any insight?
Oh boy!
End of the quarter is coming upon us quickly. Layoffs will start up again.
How did that New World Fossil thing work out?
I remember going to those d-mb game-playing sessions back in 2017 and it was supposed to save the business. Then they brought in that Steve brand guy and everything went downhill.
Place your bets! What's next for us all?
Alright, who’s in the mood for a little excitement? It’s time to open the bets! What’s coming next for us loyal Fossil servants? Another round of layoffs? Maybe they’ll just sell the whole company! Or, better yet, how are we going to magically save... — read more
What is going on.
Did the IT guys downstairs get the boot?! I truly hope we don’t have to deal with another over-seas IT help. What is going on here, it feels like everyday great people are leaving.
Mostly down
The fossil stock is fluctuating like a pendulum but fails to achieve any meaningful highs. A&M should be dismissed immediately, as there have been no significant improvements or results!
Outsourced
She is the most tenured employee in the company and you are outsourcing her job to India. What a terrible look. Fossil you have shown no loyalty to us but you want us to show loyalty to you. Not one job is safe when India can do it for half of your... — read more
Frustrated
I can’t help but feel totally frustrated by the current state of our leadership. It seems like our decision-makers (ELT/SLT) are increasingly disconnected from what truly matters for our success. Instead of focusing on fostering innovation and... — read more