Thread regarding Fossil Inc. layoffs

The iceberg has been struck

The ship is taking on water. Survival mode.

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| 2107 views | | 6 replies (last )
Post ID: @OP+119WiZuu

6 replies (most recent on top)

I reported to one of the executives let go in this last round and don’t agree with the cornstubble callout that they were good people but needed to go because they weren’t able to move fast and change. There is no consistent direction from the top-brand design, strategy , planning, supply chain... we have no solution in sight to correct the process and The top overpaid executives make millions - why don’t they( Darren, Greg,Steve ect) take a salary cut to get thru lean times instead of firing people/penalizing the peons who actually work their asses off doing The job with low merit and no bonus payout- guarantee the top brass will get their million dollar bonuses to keep them fat and happy...

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Post ID: @26kmd+119WiZuu

major layoff happening in America’s and 901 in next few weeks

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Post ID: @1Tnqi+119WiZuu

We continue to have weekly layoffs it seems. It's just 🤫🤫🤫

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Post ID: @6elz+119WiZuu

nyc sales team has turned over-finally all the old bats in the cave are gone and maybe we can grow again

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Post ID: @4yum+119WiZuu

it really is like cornstubble said about the most recent ones. they were good employees but their time had passed. they had been here to long and could not adapt to the fast pace. they would bog the company down on getting solutions and unwillingness to bend when needed. it is just the old way things were done. we now need to be fast and agile.
We all know there are some older staff that are still here that their time has passed too, company needs to offer them retirement and let younger blood take charge

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Post ID: @3avc+119WiZuu

Will be more reorganization announcements in the next week. It’s going to be a truly scary Halloween this year: Brexit/ EU impacts, continued trade war with China, weak consumer demand, and the ever growing austerity measures that the Company is operating on... market share eroding with every Tech company bringing product. And google will promote the tech it purchased from Fossil, rather than shill for WearOs and a license partner’s goods.

I hope you can all hear the string quartet playing music to distract from the serious danger going on.
Life vests on, everyone. There aren’t enough lifeboats, the executive leaders are gonna take them for themselves.

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Post ID: @1ggt+119WiZuu

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