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.

Does anyone ever see the new CEO? He is always locked away in the board room with his little minions going in and out.

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 

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 

Is it true people are getting laid off with no severance?

I’m not on the clock yet, so https://youtu.be/4ec_yZCWOCY?si=gdQk-lKgX7Cl8dBA

https://www.youtube.com/watch?v=ZKB77RzCDMM

February week 2

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 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 

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 

Their global licensing agreement for watches and jewelry is through 2024.

Globally we are headed for a gutting. List any known and confirmed store closures happening now or Q1 2025

Big shake ups coming in January. Big downsizing.

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.

Anyone would care to chime in with a prediction about potential Fossil layoffs? Any chatter, news or rumors?

I’m hearing that there are layoffs happening today, is this true?? Does anyone have any insight?

End of the quarter is coming upon us quickly. Layoffs will start up again.

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.

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 

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.

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!

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 

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 

I'm getting tired of Fossil promoting wrong people to managers. The one we got recently is not a bad guy, but he is completely disorganized and in over his head. He has no idea what any of our jobs entail. Whose idea was it to put him in that... — read more 

...we have a fattening of the portfolio to quietly attempt to sell the company to someone else just to give execs a quick buck?

Has anyone heard how much longer Laks and Truett will be around? I had heard end of 2024 but have also heard another year?

The EVOLVE Classes email that came out today is further proof that the right hand does not know what the left hand is doing, otherwise its a slap in the face to all of us. Why would these classes be offered at the same time more layoffs are being... — read more 

I have to express how incredibly unhappy I am with the current company situation. What is Jeff, our interim CEO, thinking? He should be the first to cut ties with Truett, Laks, and their ineffective A&M team. They’ve done nothing but derail our... — read more 

There are rumblings of layoffs this week. Does anyone know if this is true or are they just rumors?

I resigned years ago and moved on to MUCH greener and more lucrative pastures but often look back to my beloved Fossil only to see worse and worse news. How are there any staff left to lay off? And how’s the energy since obnoxiously and fakely... — read more 

Making popcorn to see how this all works out. Some major help wanted signs should be on display. CEO and CFO positions up for grabs!

The outlook for Fossil is beyond grim as their product demand dwindles in an increasingly digital era. This decline is evident in the company's plummeting stock price, highlighting its struggles to keep pace in a fast-evolving market. Despite hiring... — read more 

Our ELT and BOD are completely incompetent. Our stock price is abysmal. If you're foolishly hopeful because it increased slightly, wake up! The A&M consultants are a total waste of space. There should be immediate hiring and travel restrictions. Why... — read more 

Lets get to the point. Stores are barley profitable We borrowed Approximately 130 million in the fall of 2021 which comes due in 2026. IRS Return of Approximately 56 million coming back to us. A&M has not implemented any strategic... — read more 

So I’m having a hard time understanding why we aren’t profitable. Margins are good - most stores are profitable sales are declining that is true but they’re still bringing in profit. Rationalizing the store footprint to limit and axe non profitable... — read more