Will the new cooperation between Samsung and Google for a Samsung smartwatch with Wear OS be the end for Fossils (Wear OS) smartwatch? As this is the last hope for a product that sells will it be the finish for the whole company too? Another example... — read more 

It would be expected that the company is cutting people with a higher goal - to be able to dedicate itself to a better vision of business in the future. However, for years, after each layoff, the situation at Fossil has been getting worse. Layoffs... — read more 

What strategy could save Fossil from further sinking, that is, what would save our jobs? I see here a comparison with Crocks that someone mentioned, as well as the mentions of business strategies of Citizen, Seiko.... I think the biggest problem is... — read more 

i would be curious for someone here to answer this simple question... how in a severely declining market can a company that sells largely undifferentiated value products (and always has), mostly through retail locations, survive except by cutting... — read more 

Someone in this forum was trying to make excuses for Fossil bad management by saying that all its peers are having the same issues...well that is simply not true. Movado is actually doing well, they are profitable, have raised guidance and their... — read more 

Do Anyone know what is happening?

it is amazing how bad Fossil is being managed when there is such strong demand for accessible, 90s brands - i am not talking about layoffs or politics here...i am talking about BRANDING, STYLES AND PRODUCTS. There is no a single sku that is a true... — read more 

I haven’t heard many rumors about layoffs lately. When it’s quiet, I panic more because I think a storm is brewing. Perhaps I'm overreacting because on this forum layoffs haven't been mentioned much lately. Does anyone have any insight about possible... — read more 

I really hope management does not on the way and is too greedy about this proposal. A combination with Citizen would be a game changer...they have done a fantastic job in growing and keeping Bulova and Citizen relevant in the US. Adding Fossil... — read more 

It’s great to see so many promotions going around at the expense of so many job cuts and reduced salaries!

Personal or company?

https://finance.yahoo.com/news/fossil-reveals-96-million-loss-224132213.html The watch and accessories maker revealed quarterly and full-year earnings Wednesday after the market closed, falling short on top and bottom lines for the quarter and... — read more 

Some people received the email about his personal problem, look quite serious. Anyone receive or see it?

You guys ever get an org chart for Americas region? LOL

It was mentioned in one of the previous threads, and I have also been hearing rumors, that there are plans for more departments/groups to be affected by off-shoring/outsourcing in Q3 and Q4. Does anyone have more insight into which departments/groups... — read more 

It would be great if people here would share their experiences after leaving Fossil/ getting laid off. Recently a former colleague contacted me for advice whether to leave this company even though she got a new job. I couldn’t believe what she was... — read more 

Not wanting to name names, but does anyone have a manager who lacks total and I mean TOTAL common sense? Sometimes I wonder how s/he came into that position. As the saying goes, the more intelligent you are the less common sense comes with it. For... — read more 

https://finance.yahoo.com/news/fossil-group-inc-announces-date-211500804.html

Does anyone have more detailed information on the next round of layoffs?

I remember my first day here and how full of optimism I was. I had finally gotten rid of the last company in which I went through all sort of nightmares. Optimism in my case lasted only two or three weeks. I immediately realized that I hadn’t... — read more 

This company has had incredible creative talent walk its hallways, and it was muscled out because of jealousy. Those doing it had lacked the same talent and were preserving their upward mobility. Work somewhere where they aren’t intimidated by smart... — read more 

Over the past few months, I’ve been enormously stressed because poor management is so obvious, you don’t have to be an expert to recognize it. It’s hard to watch a company sink deeper and deeper and as an employee have absolutely no control over it... — read more 

My advice to anyone still working there, whether you are a manager of a small team, senior leader, individual contributor or intern is: if you believe in the current plan, process and/or the people driving it and believe you will be happy and have a... — read more 

The constant remarks that I am replaceable and that I am happy to have a job has only contributed to me working as little as I can, just as necessary. I am less productive than ever. I simply don’t have the will to work at all and all I think about... — read more 

Cutting “costs” is more helpful to a company with well thought through, documented processes and effective cross-team cooperation; that helps with productively bridging self-created cost-cutting gaps in the foundation. When you are not that company... — read more 

Am I the only one who realizes how lucky I am to even have a job right now??? I understand now's not the time for me to say just pack up and leave but for the love of God start appreciating what you have a little more. This place is not perfect but... — read more 

Can't live on the past glories but I certainly think Fossil still has many advantages over other companies. It’s not that it’s wonderful for me to work here, but I’m still attached to this company and I hope it gets back on track. I don’t like to... — read more 

I heard some of our IT friends were let go today. Not sure if it was IT only or if any other dept was impacted. Does anyone have any info ?

Probably the most stupid thing I heard for a while! May looks great on paper, but will be a big fail in real life.

Yesterday I found some older photos with former colleagues and I got quite nostalgic when I remembered those happier days. I wouldn’t want to offend anyone, but there are fewer and fewer talented people here. All the best workers I know have gone... — read more 

What’s going on at FOSLl today? More layoffs announced or did the Dino sells the company off after all his wrong decisions?

Fossil has never returned value to its shareholders. Never offered a dividend and any stock buybacks were cut short. It’s never used excess or financing capital properly during growth years either to acquire talent or intellectual property. It’s... — read more 

I know a few people who think they're safe from layoffs primarily due to their years with the company. I guess they learned nothing from previous layoffs when it was obvious that the main goal was to get rid of as many people with higher pay (which... — read more 

With the way this company is managed and run, it seems to me that anybody would be able to do so and that it doesn't require any knowledge or skills at all. Not listening to what employees think, caring about them minimally, putting them under... — read more 

Should we expect layoffs at this Richardson office this year and when? Not sure how leaner we can be.

What to expect in severance package? I hadn’t thought too much about it before, so I didn’t even inquire. I am also interested in what happens to those who do not accept the severance package? Is it even possible not to accept it and is there... — read more 

A friend who received notice told me that she had been hastily preparing her resume lately. Because of the way her superiors treated her, she had a clear feeling that she would be axed. Judging by the atmosphere in the company, it could be said that... — read more 

Several stores are closing again. All markets . I was given 2 weeks notice and a small severance package.

These are just a few of the many customer complaints about not getting refunds.  What happened to Fossil's Integrity? "@fossil STILL DID NOT GET A REFUND ON MY ORDER. IT HAS BEEN A MONTH. CALLED YOUR CUSTOMER SERVICE LINE SEVERAL... — read more