https://finance.yahoo.com/news/kanen-wealth-management-excoriates-fossil-192600698.html The consultants do dig in, but suggestions don’t seem to be accepted. Complete lack of reasonable decision making skills by leadership with regard to spending... — read more 

It is about time, but ironically, the company actually needs this business more now than ever

I just wanted to say… I guess Jolly Holly wasn’t made for this.

At this point , a sale is the only way out to save the company. No management, no strategy, Fossil needs to be acquired. In an ideal scenario I would like Sh----a to do it but, realistically, the best option would be Movado or possibly a Japanese... — read more 

Finally some the miserable ELT team is being rooted out. Goodbye Holly, Robert and Darren. Now get rid of some of those long timers like Sunnil, Rob, and Jaime and their stale out dated ways of doing things. Your message old and tired. Time for... — read more 

After all this time, I did not see that coming!

What a mess! It's like a never-ending cycle of throwing money at management for bonus payouts while still desperately trying to hire more people. And now they're already planning the next round of layoffs in a few months. Is there even a glimmer of... — read more 

I cannot believe that the BOD/ELT are approving bonus payouts for failure, while pushing us towards the brink of bankruptcy. Meanwhile we keep hiring and firing. More big layoffs are literally around the corners. Watch this space!

News today is that the Distribution Centers in both Dallas and Germany will be outsourcing to a 3PL for warehousing in Sept 2024. A lot of good people will end their time with Fossil on the last day of August

Wow. Just Wow. Not that this not justified considering the disastrous loss of value over the last few years and abysmal leadership....but considering his tenure and that he founded the company with his brother....the press release is so short and... — read more 

And what does it mean for the future of the folks still work there?

https://www.cpsc.gov/Recalls/2024/Fossil-Group-Recalls-Bracelet-Sold-with-Skechers-Jewelry-Gift-Sets-Due-to-High-Levels-of-Lead-and-Cadmium

it's (un)official. MK has been extended just until 2025. then we'll be out

WHO knows when Q4-23 and full-year 23 results will be reported to the Wall Street? Can‘t find any information about it. In the past this was the schedule for quarterly peak in layoffs.

No merit increases for any staff! retail cooperate ops etc. Told that HO is not getting their annual bonus too. I bet the BOD are getting their bonus and raises. So disappointing we cut hours and give out no raises to appreciate the additional... — read more 

Can't help but to think about all the slashes & dashes so far since A&M has come along. Yeah- Fossil does layoffs on the regular but...whew! It's like a SLASH a quarter. Strip us to NOBODY so we're forced to function without true support for Share... — read more 

I welcome today's news that BHG is challenging Kosta to nominate 4 new directors and exposing the pathetic strategic blunders under his leadership, with a 97% (!) loss in market value. The comments about the CFO are also worrisome and i hope they... — read more 

As an employee it is disheartening to witness our continuous decline. Once a popular choice for everyday timepiece's, jewelry and leathers, Fossil has totally lost their appeal. The future appears pretty bleak, with little hope for any come back.

There is so much negativity on this board...i am actually finally optimistic and, believe me, I have hugely critical and very disappointed for the past few years. We have finally got out of the disastrous smartwatch "adventure", while at the same... — read more 

Extra extra read all about it - all leather items are consistently being offloaded at a 30% discount. Brand elevation at its best.

Working at Fossil feels very stressful and risky, like trying to balance on a thin rope that's getting weaker every second. My team is worried because we know people are going to lose their jobs soon, and it feels like another ‘layoff’ storm is right... — read more 

I’d still like to know which areas were hit, and what’s next. I don’t think there has been enough info on this board yet.

https://www.androidauthority.com/fossil-smartwatch-division-shutdown-3408678/

Super deflated.. and wish to acknowledge our leadership team on the completion of yet more extensive and expensive trips across Asia. As much as it is great to see that company resources are being used for personal growth and learning new cultural... — read more 

It's downright appalling and utterly disgraceful to witness our so-called Leadership frolicking around the world while our business is sinking faster than the Titanic. Their blatant lack of strategy screams volumes about their indifference! Their... — read more 

I read there were layoffs earlier this week, can somebody please share what was hit as well as whether its done?

I think the rebrand was well done, it’s a beautiful aesthetic, the stores are appealing, everything looks real nice. It looks like it would slot right into the corner of a banana republic store. But that’s the problem- it appeals to the millennial... — read more 

I feel like I am sitting in a sinking boat and no one really cares or is in control anymore. How do you feel? I feel like we have no direction, no clear communication. The only thing management communicates about is all the great ideas they have and... — read more 

i heard something like 25%? when?

Will there be any Fossil layoffs? Any chatter, news or rumors?

The audacity of this company to post VP jobs on LinkedIn is utterly shocking. What kind of twisted strategy could possibly explain this? It seems our Leadership completely disregards our existing employees by advertising new positions openly after... — read more 

Another massive layoff is on the way. Who will make it and who will not.

Fossil’s reputation is getting damaged because of poor management. Decisions being made are contrasting with our core values, causing confusion among customers and tarnishing our public reputation. Sadly, it doesn't seem like things will improve... — read more 

From personal experience, I can assure you that leaving Fossil is the best course of action. If you stick around, future rewards may not be as promised. Let me tell you with all certainty, life post-Fossil offers much brighter prospects. From someone... — read more 

Meaningless and hollow leadership rhetoric that lacks action or substance.

It is clear that the consultant not live up to expectations. The strategy they lay out for growth is not effective and will not work also. A&M provide zero value in the past several month and in the end the manufacturing industry is only laugh at... — read more 

Deeply concerned about the current state of our ELT, particularly regarding Holly's role. It's imperative to hold senior leaders accountable for their actions, especially in the case of significant business failures like the Katchin project. Despite... — read more