Fossil's future seems extremely grim. Instead of making needed changes, our SLT/ELT seem more interested in keeping their high-paying jobs. It's discouraging to see them lay off many managers in other regions to protect themselves. This is not how a... — read more 

…until the next round of layoffs hit!

Morale is awful. Who is safe? Any leader get laid off or Kosta’s typical MO of just laying off the real workers?

For those of us still employed at Fossil, it’s time we all have a moment and call this what it is. Fossil is a multi-billion dollar failure. Kosta is a failure. Greg and Darren Hart are too. Our SLT team is a joke. Get out. If you’re laid off... — read more 

Morale is as low as our stock price. November 8th will be here soon enough.

What happens if a company’s stock falls to 1.00. Based on these past weeks, Fossil is slowly heading in that direction. Hope it climbs back up.

it seems A&M is working hard in this period. does anyone know how many layoffs there will be? and where?

Stop paying the Board of Directors salaries that total over $1M per year. Give that money back to employees within the company who do all of the work, not the outsiders.

Exciting times for the Fossil brand!

After the recent horrible earnings report and announcement of another 300mn USD to take out of the business, it is now clear Fossil management has run out of both ideas and capabilities. Needless to remember that this comes after NWF 1..0 , NWF 2.0... — read more 

I'm just guessing, don't take my word for it, but after the reported loss, I would say that the question is not if there will be layoffs, but when... Thoughts?

save money - cut half of the SR VP and VP, way too top heavy. They have proven they cant do it, so now consultants will make all the decisions. Too many have been with Fossil for way too long. Not interested in any new ideas unless they get the... — read more 

There are rumblings of more layoffs coming. Does anyone know if this is true and if you have information on when and what departments?

Do you want to be in high school? Then Fossil is the place for you! Bullying runs rampant throughout the halls in brand and marketing. It did while I was there and still does till today. But how can you report it to your direct reports and HR when... — read more 

this news scarry me a lot, I do not think this is a good signal (if you think Luxottica for Armani eyewear renewed it for 10 year). This is the last chance to prove Armani success otherwise I guess Armani leaves Fossil. if this happens it will be the... — read more 

I remain very cautious and very critical on what the company and management have done over the last few years, a lot of irreparable damage has been done and I agree with the previous posts. However, I must say I am becoming more (cautiously)... — read more 

Looking back it is astounding to realize how much value Fossil management destroyed by going after smartwatches. Smartwatches were unquestionably a "disruptive" innovation that came to challenge Fossil Group bread and butter core business. At the... — read more 

I guess Fossil has a clear strategy. They are making fossil leaner and leaner for an initial public offer (IPO). cost + opex reductions. more than 1 reorg in short time with the only focus over costs.

Stocks continue to plummet further after reported losses in Q1 earnings!

I am considering applying to a position at Fossil. Could someone confirm if the company has a hybrid work structure and if so how many days do you get to wfh? I have heard conflicting answers.

As somebody mentioned in another thread, this leadership is utterly incompetent. They’ve made so many mistakes in the last several years that it's a wonder this company is still standing and any of us still have a job. We need a complete shake-up at... — read more 

Let s face it....Tom K was right...Fossil should have focussed on products, design and premium...instead of diluting the brand and chasing pointless smartwatches and destroying millions of value...now the game is over...Sh----a needs more scale and... — read more 

So the brilliant strategy now is: 1) focus on the Fossil brand; 2) Rationalize license portfolio prioritizing Armani/Diesel/Kors; 3) go luxury/Swiss....WOW...genius...i bet they paid McKinsey to come up with that! It would have all made sense to do... — read more 

Sure the buck stops at Kosta...but can someone explain how Greg can still hold his post after having backed the disastrous and irresponsible Misfit acquisition (remember we paid more than twice of what is the current market cap/value of the ENTIRE... — read more 

There is a lot of complaining and frustration on this board which is partly understandable but I would like to take a different view...it is a miracle that with the size and bloat we got to a few years ago, then supported by much higher sales pre... — read more 

How’s that working out? Remember those f**Jed up board games HR took everyone through to orient us to the New World Fossil? Buying Misfit and the Q launch was the corner Fossil turned and never was the same. Sad, but when the founders niece left... — read more 

Perfect timing for all the layoffs. Now Fossil can cover their poor sales performance with their ‘strategically’ cut expenses to make 2023 have a glimmer of hope to shareholders!

40% layoff in Basel This is brutal. Any info on what else was hit?

I have been here for a long time and I have heard the word 'restructure' many times. Why is it that those who remain in the company are worse off after each one?

with the latest layoffs, the stumbling Fossil shows that the time has come to say goodbye. Just like the "old white men", these cheap wrist watches are no longer in keeping with the times. The smart descendants of the wristwatch relics are no such... — read more 

For once, wouldn't it be refreshing for our leadership to accept responsibility for their lack of judgement, id--tic ideas and blatant mistakes? This time there is no pandemic to blame and yes there’s inflation, but the economic "head winds" aren't... — read more 

I am absolutely ready to leave this place. I understand that some get worried at the very thought of losing their jobs here, but I'm sick of this company and I believe I'm not the only one who would feel relief after leaving this place?

Here we go. I was wondering when it'll be our turn.

What's your prediction as it relates to the possiblity of Fossil layoffs? Any chatter, news or rumors?

Is Fossil Group stock A Buy? Fossil Group holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this... — read more 

https://www.eeoc.gov/youth/filing-complaint Reminder that there are other options when HR turns a blind eye to misconduct.