Thread regarding Fossil Inc. layoffs

Any word on more layoffs coming?

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Post ID: @Pamtu8t

9 replies (most recent on top)

How is New Workd Fossil working for ya’ll?

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Post ID: @Pamtu8t-28yra

I heard whispers of February for layoffs. Can anyone validate that?

Any idea which deparments?

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Post ID: @Pamtu8t-26qfv

Heard 7 IT employees were let go on Wednesday as part of IT reorg.

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Post ID: @Pamtu8t-7nhm

To nolite te bastardes - nailed it.

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Post ID: @Pamtu8t-6mto

with all the money spent by the R&D in SF, don't really think there's any good coming out of it....guess the next layoffs should be there instead...

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Post ID: @Pamtu8t-6tek

Some folks in APAC were hit 3 weeks ago, and no mentions of it made on the forum. Perhaps fear is silencing the talk. Small group of Richardson photography team also hit too. Many others throughout Company voluntarily left over the last 5 months to escape the slow death, and having to perform multiple peoples' jobs when Re-organized.

People reading this forum, you do know more shadiness going on--- Fossil doesn't deserve your loyalty. Spill it.

Oh yeah, Sept.12--- "one more thing" the ever-present Goliath has announced their Apple Watch 3 which has PHONE functionalilty! So pretty sure Santa's wishlists will not be as full of disappointing Fossil Q or hilariously delayed Misfit Vapor this holiday season.

Let's not kid ourselves --- sh-- is already/ will get worse for business. No amount of 'grit' and new world fossil jargon will stop the collapse. Fossil is outclassed in IT structure, app development, product innovation R&D, programmers, media, Omni-channel, marketing, etc) by multi billion dollar Tech companies. They have endless money to build resources for Internet of Things, connected devices, etc. We have a weak fashion accessory business who dabbles in Tech. There is no comeback around the corner.

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Post ID: @Pamtu8t-6qby

Good luck with all that!

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Post ID: @Pamtu8t-nxi

Jan 2018

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Post ID: @Pamtu8t-xvq

Not til 2018

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Post ID: @Pamtu8t-giu

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