You lay off good solid American workers to "save" money by outsourcing. The funny thing about that is Fossil is no longer an "authenic" or " American" company. Fossil minus as well sell all their merchandise in the dollar store because that's where... — read more
National Review article, ‘You’re Fired — Now Train Your Replacement’ at http://www.nationalreview.com/article/417572/youre-fired-now-train-your-
A must read: National Review article, ‘You’re Fired — Now Train Your Replacement’ at http://www.nationalreview.com/article/417572/youre-fired-now-train-your-replacement-ian-smith This just gets worse and worse! Now the bosses want to bring the... — read more
Downtown Plano scores first Shinola store in Texas -- http://bizbeatblog.dallasnews.com/2015/05/rivalry-alert-downtown-plano-scores-first-shinol
Makes ya proud, don't it. I'm sure Kosta is thrilled that his brother, Tom, "made good."
Fossil IT Management Sucks!!!
New IT management from JC Penney who brought JC Penney down moved over to Fossil and they Suck!!! We're not sure how they all got CIO, VP, Director, Sr. Manager and Manager position but we do know they are clueless now. No Wholesale experience! No... — read more
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Fossil Sucks always has
i have never worked for Fossil and nobody i know have. They have tried to recruit me and my friends for years but they pay so low nobody i know goes to work there. everyone that got layed off, it is the best thing that every happened to yall. you... — read more
Thank you Infosys
For the wonderful work on our website. It has not been working for a few days, but that's OK, losing a few million in sales is just a chump change for what you bill us. Oh, and your folks are such good communicators, maybe not in English, but man... — read more
Is this the 2nd day Fossil's website is down?
Must be because all the good people were let go
Social Media outlets
I think everyone should be posting about Fossil on their Facebook, Twitter and social media sites; Then the truth of the new leadership and how un- American and "authentic" Fossil is will be let out.
We are not looking at the real picture...
The IT layoffs are not related or have anything to do with the 8% growth that Fossil had posted for the 2014 year. IT layoffs are directly connected to Ed Robben and Robert Shaffer, both of these gentlemen came from JC Penny's and outsourced the IT... — read more
I am a new mother, my daughter is 5.5 months now and is still on full breast milk.
Yesterday I was told that my position is eliminated. They keep telling me it has nothing to do with my performance. My team mate of the same position told me he is safe and can stay in the company. Is this discrimination?
Here's some irony for you . . . from a D Magazine article in 2010.
Here's some irony for you . . . from a D Magazine article in 2010. "In an era when outsourcing is a default business strategy, Fossil recruits its own talent, nurtures it, invests in it. The benefits? More than 20 years of consecutive profits in an... — read more
Legal Stuff You sSould Keep in Mind
I just spoke with an attorney and wanted to pass along the comments. Please remember this was just a discussion and my write up is likely not as accurate as I hope it is. This is just food for thought, not solid legal advice. Texas is a right to work... — read more
Some interesting news published 3 days ago...and this is who we are bringing in to "help".
http://www.foxnews.com/politics/2015/04/10/senators-seek-probe-claims-thousands-us-workers-fired-forced-to-train-foreign/
Corporate Karma
After being laid off a few times I start to think maybe I don't need anymore watches.
Those left in IT - Make a decision.
Get ready because this situation is about to get worse. Fossil are going to outsource. Managers aren't safe, either. When an entire team gets outsourced and there is nobody left to manage, supervisors are going to get terminated. Get your resume... — read more
Just a real shame.
It's been a long strange road for Fossil and I feel like things have finally caught up with them. I love the people at Fossil and loved serving them. But leadership has had a consistent habit over the past few years of trying to push through changes... — read more
Thursday, 04/02/15
Yesterday some of us learned that Fossil will sell our jobs to Infosys, an outsourcing company headquartered in in Bangalore, India. I think this is likely true. More than just another unsubstantiated rumor. I googled Infosys and the first hit was an... — read more
Fossil has failed it's employees and customers.
Fossil has already been selling sub par product that falls apart and breaks too quickly but, now they have gone as far as laying off hundreds of employees just to get their margins looking good on paper. IT is next. Outsourcing to India. How... — read more
Cheap quality high prices
Everyone should cash out any stock you have in Fossil asap. Layoffs on top of the fact that their handbags and wallets are over priced and fall apart means the company is done. Walk into any goodwill store and you will see rows and rows of fossil... — read more
Fossil stopped caring about employees a long time ago.
I believed they were a great company. Tom, Mike and the original crew cared. I've seen this all from the inside for MANY LONG years...we all gave so much of our personal lives to see this company grow. It's when Kosta took over and the old crusty... — read more
We will be bought by a private equity firm within next 12 months
Mark my words - we are missing the smart watch wave big time, w/in next 12 months we'll feel this impact in a major way, I know our numbers are soft, but they will become horrible very soon. We are currently a perfect target for a private equity firm... — read more
Rumors flying regarding severance packages
Rumors are flying about severance packages. 6 months is not believeable..it's unheard of anymore. Too much flamboyant growth......missing the boat on the revolution of the technology of watches too......wouldn't be surprised if they are sold.
Fossil has lost their way - Layoffs will continue
It's very sad how Fossil has lost their way. While they brilliantly acquired brands to fill all niches of the fashion watch market and expanded internationally, they totally lost sight of their core brand. A Fossil customer doesn't buy a $300+... — read more
2015 Cuts at Fossil
Many of my good friends were let go from Fossil Group on 3/3/15 due to "position eliminations". These eliminations were NOT based on performance, it was simply to cut headcount and save money. I can count numerous who had been there more than 10... — read more
Entire Fossil Arrow Merchandising division laid off
On 2/26/2015 the entire Arrow Merchandising team of approximately 140 people were required to attend a conference call and were told they were all being laid off effective immediately. Many of these people were working in stores at the time when... — read more
Lots of people being let go from Fossil today.
People from across multiple teams being let go today.
A lot of people let go at headquarters
Ruin live to save a few dollars!
People being let go today
The construction team is gone.