Many of the Infosys folks assigned to work at Fossil were already in the US on work visas for other assignments including some for petroleum engineering that had nothing to do with Fossil and Information Technology. There were only assigned to keep... — read more
Be cautious. HR group are reviewing these posting and making comments
Be cautious. HR group are reviewing these posting and making comments
Stock prices at an all time low. Stop trying to make "connected" happen.
Our competitors are not doing connected and staying a float.
Looks like upper management is planning for the next round of Layoffs Red bins everywhere!!!
Looks like upper management is planning for the next round of Layoffs -Red bins for cubicle move -Stock price falling -Sales falling -More stores closing Reminds us of JC Penney
Anymore Layoffs!!!
More Layoffs to Come?
Stock down 15% today, closed at 19.50
It looks like wearables aren't turning it around for us. Anyone think it will take time or is the writting on the wall for Fossil?
Trump's H1B Visa Reform and Tariff will impact Fossil?
The message to all the people were laid off was that people can not get their severance package/money until they train their Indian counterpart in IT. How is that legal? Make's me sick to my stomach. There is no vision or success in that for US... — read more
2017 seems to more focused on the Business and Globally.
2014 layoffs were mainly in IT when they were outsourced. Planned by Ed (CIO), R. Schaffer, Kristie Copeland. They all came from JC Penny. Most of IT got outsourced to Infosys. Same thing was done when Ed was there before he got let go from JC Penny... — read more
Fossil is closing it Retail Stores
Sales are horrible. Expect Fossil to close more stores.
To you the new Former Fossilers
Take heart, friends. You've been released from the sinking ship. You have marketable skills and you'll land on your feet. If you're anything like me, very shortly you'll realize this was the best thing that could have happened to you. Good luck and... — read more
Huge layoff at Fossil!!!!
Huge layoff at Fossil!!!!
How do the minions feel now? ...
Dallas Business Journal recently posted Dennis Secor's total compensation: $4.21 million, +190.11% from 2014 to 2015. He must be AMAZING!! Ranking 7th highest paid CFO/EVP in DFW.
What departments are safe?
Which departments are safe and which ones are going to go? It's obviously not going to go well for everyome, but I imagine some will fare better. Screw this, I don't like this feeling.
Fossil Layoffs 2017
I needed to vent here a bit as there are many rumors and (maybe lies) about layoffs in Richardson.
Sorry Fossil, Trump will be investigating you
Trump outlined his first 100 days and a top priority is... "he said he will direct the Department of Labor to "investigate all abuses of visa programs that undercut the American worker." S---s to be investigated in the new year Fossil doesn't it?
All of you are wrong, everything will be alright
I swear ya'll have no faith and no idea what ya'll are talking about. Maybe, just maybe everything is on track. Fossil gets an upgrade - Fossil Group climbed 8% after receiving an upgrade from analysts at KeyBanc Capital Markets. The analyst company... — read more
New year..new layoffs?
Does anyone know anything about the new chatter on more layoffs after the holidays?
Don't Fight a Losing Battle: Sell Fossil (FOSL) Before it's Late
http://finance.yahoo.com/news/dont-fight-losing-battle-sell-133901573.html Fossil was once a unique brand and helped build other unique brands—now the brands are simply another "me too" brand in a sea full of growing companies creating wearables... — read more
Business feel that IT is so F*** Up now. Thanks Ed, Robert, Kristy, and the other exJCP crew.
Some of us are still vested in Fossil. Business feel that IT is so F*** Up now. Thanks Ed, Robert, Kristy, and the other exJCP crew. We need real IT people here with knowledge and experience
Make Fossil great again...
Unfortunately it's a little too late for that. Yesterday was my last day, and it was on my terms. It's sad because this place was really special. Please, don't sit around like ducks. You owe it to your family to be proactive. I wish you all the best! — read more
What's next?
What's next to be cut or outsourced? Anyone have any predictions on what area of the business is going away? It's clear from what I've seen that it's not going to be pretty in a few weeks.
Layoffs coming!
Here's your heads up!
So when is the next round coming?
So when is the next round of cuts and layoffs coming? Does anyone think wearables will save us come the holiday season? I'm not holding my breath.
Vomit
http://www.forbes.com/sites/peterhigh/2015/02/09/ed-robben-contributes-to-the-top-and-bottom-lines-as-cio-of-fossil-group/#677cf9763dff
H-1B visa. Sound familiar? Fossil did the same thing to its IT team by outsourcing to Infosys.
The Democratic candidate for president Bernie Sanders also attacked Disney for last year laying off 250 technology workers after requiring some of them to train their replacements: foreign employees hired on temporary H-1B visas for highly skilled... — read more
How to make a pile of cash on a company's misfortune
It's obvious that, at the very least, the two execs and one particular board member who drove this outsourcing debacle are textbook psychopaths—there's more of them out there than you think especially in the financial and biz sectors. IMHO this is... — read more
A failed business model with an inferior product. The General Counsel Randy Hyne needs to go
The company is in serious trouble. http://www.bizjournals.com/dallas/news/2016/05/10/fossil-stock-tanks-30-percent-off-84-percent.html
Fossil stocks fall to 27$. Drops 84% Will they be save by omnichannel? Who is driving omnichannel? exJCP people
Fossil stocks fall to 27$. Drops 84% Will they be save by omnichannel? Who is driving omnichannel? exJCP people Robert Schaffer and Kristy Copeland? Were they the one who did the cleanup while they were in the Sap IT Retail group after pushing out... — read more
More rumors of layoff to come in the future? Stock price is down? Don't trust the IT Upper management ! They will be let go eventually .
More rumors of layoff to come in the future? Stock price is down? Do you trust IT Upper management? Do you think Fossil is really saving any money outsourcing to Infosys and Cognizant. They can only fudge the numbers for so long...
March 2016 Excellence Bonus?
Did Fossil pay an Excellence Bonus in March 2016? Or was it the big ZERO for the second year in a row?
Will there be more layoffs this year?
Anyone know if there will be more mass layoffs this Year? Thx
Fossil sucks! Made in China and India!!!!
Why is it authentic and genuine? Not made in America!
New information that Infosys and TCS are abusing h1b visa. Read the article
http://www.epi.org/blog/new-data-infosys-tata-abuse-h-1b-program/