Topics regarding layoffs at Fossil Inc.

Topics regarding layoffs at Fossil Inc.

How harmed are you by favoritism?

Ever since I started working in this company more than six years ago, there has been favoritism, and it has become more pronounced year after year. Others who are not in a position to be favorites must learn how to work “under the radar”. It’s so... — read more 

Vision for product improvement

Let’s not kid ourselves, one of the burning issues is a product that is not appealing to customers. Although I believe that there will always be buyers of traditional watches and that they have a lot of their advantages, they need to be adapted to... — read more 

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| 2700 views | | 9 replies (last January 7, 2021)
Post ID: @OP+18qWEtve

Explanation that would actually mean something to us?

*Considering there is a huge downsizing of the dallas office space happening currently, with absolutley no explanation, there is the possibility that fossil will be no more. Would be cool for some kind of open conversation from the higher ups but... — read more 

New dallas tenants

Addressing the obvious elephant in the room.... jcp is/was going to sublease part of dallas office. Anyone want to share wtf is happening?

Pitiful Fossil Customer Service

Isn't Fossil concerned about the constant customer complaints that are taking over the comments section on Fossil’s social media posts?!? The customers constant complaints, venting, and frustrations about their orders, and the lack of customer... — read more 

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| 2130 views | | 8 replies (last December 12, 2020)
Post ID: @OP+18fWWshl

Another Round HK lay-off and PT Executor

The lay-off delay but should be done within 2020. Do anyone aware hidden agenda about the lay-off planning from new PT Executor? So questioning under company restructure and got promotion; is this related with rumour of abnormal and unethical... — read more 

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| 2770 views | | 8 replies (last December 9, 2020)
Post ID: @OP+187eQude

What is our current potential for innovation?

As someone already mentioned, our business is based on products developed by whole teams of people who are no longer in this company. Things are relatively easy for us now but how long will it last - who knows, because I doubt very much that there... — read more 

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| 1450 views | | 1 reply (November 26, 2020)
Post ID: @OP+18723Vyl

Darren Hart sells 80% of Fossil shares

https://simplywall.st/stocks/us/consumer-durables/nasdaq-fosl/fossil-group/news/trade-alert-the-executive-vice-president-of-human-resources We wouldn't blame Fossil Group, Inc. (NASDAQ:FOSL) shareholders if they were a little worried about the... — read more 

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| 1870 views | | 2 replies (last November 27, 2020)
Post ID: @OP+186PdMQZ

I think things are looking good

It's been a tough few years, and clearly the company has made its share of mistakes. But, I am really encouraged by the results from the last two earnings calls. If we can be profitable in the middle of a pandemic, imagine what's possible when we... — read more 

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| 1750 views | | 7 replies (last December 15, 2020)
Post ID: @OP+186DxK5y

Lay off junior level!

Heard more lay off is coming. But why the corrupted management members could take such serious decision? More replies will share in here and solid testimony.

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| 1160 views | | no replies yet
Post ID: @OP+184sM9BF

Q3 2020 Earnings call 11/11

https://finance.yahoo.com/news/fossil-group-inc-announces-date-203000394.html Everyone practice your “read between the lines / business speak” skills.

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| 2460 views | | 8 replies (last November 22, 2020)
Post ID: @OP+17MePm2u

Interviewing with Fossil

Hi everyone! I just scheduled a second interview with Fossil for a Social Media Specialist position. I was really excited about it because I’ve been furloughed since April. I came across this forum and your postings about their recent layoffs. Has... — read more 

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| 2050 views | | 5 replies (last November 27, 2020)
Post ID: @OP+17MrRhYR

Can we count on online sales?

Not sure Fossil can count on online selling either to make up for stores closing during crucial retail holidays - Fossil’s customer service and support has gone down the drain ever since it has been outsourced! Just look at customers reaching out... — read more 

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| 1420 views | | 4 replies (last November 10, 2020)
Post ID: @OP+17LqhYp8

New lockdowns - layoffs are inevitable

European countries impose new lockdowns in November. Not essential retail stores in France, UK, Benelux will be closed at least until December. Germany and other countries with surging cases put in place more restrictions and will be evaluating... — read more 

When did it go bad?

The company has been in existence for over 30 years and I can’t even pinpoint when it started to go bad. What I do know is that now we have such low morale because of the constant layoffs, a culture of egotism, and the upper management that will... — read more 

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| 1940 views | | 6 replies (last November 30, 2020)
Post ID: @OP+17EY9xP9

Senior Leadership Team

So, are we supposed to actually believe that this new Senior Leadership Team is going to actually do something for the company? Seems like a great way to mask raises for those in top positions while the rest of us take our pay cuts this year and... — read more 

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| 3020 views | | 15 replies (last November 30, 2020)
Post ID: @OP+17CEaHIN

Mass layoffs in EMEA

Again mass layoffs in EMEA today: commercial, marketing, IT, supply chain... They won't stop until they eventually fire everyone.

Those let go are the lucky ones

I got laid off in the last round of layoffs in June and it’s sad to read how unhappy of a workplace Fossil has become for some. Makes me feel like I was lucky to be let go. I recently got a job which I’m so excited about and want to encourage those... — read more 

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| 2130 views | | 3 replies (last September 12, 2020)
Post ID: @OP+16PvsmaN

Morally bankrupt

Does it seem tacky to anyone else that management are being “kind and generous” to offer another bonus program (based on the company hitting certain goals for remainder of 2020)? In the same year they did two rounds of large layoffs, plus under the... — read more 

A Plea

I am begging all of us reading this who still work at Fossil, it’s time for us to leave. A lot of good people have left (voluntarily) and a lot of good people were let go. There is no reason to stay. The culture is dead. The leaders have no... — read more 

More Layoffs Store Level

And this continues, now many Assistant Managers in the stores being let go, any other cuts that we need to pay attention too? I'm upgrading my Resume yet again, is this going to stop? This is no way of living, every other month.

Pay Cut

Did they really cut a lot of employees pay? By how much? I have not noticed any difference in my check yet?

Backup Options in case of layoff - Distribution jobs in Garland and Farmers Branch areas (hundreds of openings for 3rd party DC's & MFGs !

Any warehouse/distribution employees concerned about layoffs - consider stopping by Onin Staffing's office in Richardson. They have over 100 positions open in the Garland area ($10-15 per hour depending on shift/position) , and also have 200+... — read more 

More unannounced layoffs?!

I heard there were some layoffs this past week of June13th on the portfolio brand teams. Were there more in other departments? For those of us left - how long are we really safe even if we survived the last two big rounds of layoffs?

July 7th call

anyone know what this call is about? What’s happening with our furlough management? Are paycuts going to happen at store level also? it’s quite at stores no communication with district leaders. Feeling unappreciated since we are the ones out... — read more 

What changes were made?

I wanted to see if anyone had an update on what teams were let go? What does the new structure look like? New world Fossil 3.0 ha

Why Greg keeps pouring money in the stock?

Does anybody have a view on why Greg McK keep buying the stock the more it falls? It has been a falling knife so far but he has been putting A LOT of money in the stock (more than 4mn $), of his own money (not options) and he now owns 2% of the... — read more 

Plan for july?

Anyone know what the plan is for july? Will we see An extended wfh schedule, layoffs? Would like to get some sort of info.

Covid19 the blessing in disguise for Fossil 2020

There has been a virus at Fossil for a longtime. Years of crazy acquisitions, licensing agreements, product ideas (hello Craft), senior staffing decisions and a corporate headquarters that was never used to its full potential. Now - leadership can... — read more 

A new beginning for Fossil?

I know this are tough times and there is a lot of concern about the future... however trying to see the glass half full, could this be an opportunity for Fossil to go back to its roots on the one hand as a more streamlined organization, smaller... — read more 

Is this even legal???

Can a company just cut pay and hours across the board and then keep it like that? I understand under special circumstances such as a pandemic but then to decide not to change it back later on and keep it for good? Is there no legal protection for... — read more 

Who else is hoping to be laid off?

I'm sick and tired of this place. They are using every trick in the book to get us to quit on our own in hope on saving on severance. I don't see them rectifying the pay situation any time soon for this exact reason. So if my name is on that list... — read more 

Layoffs in Dallas starting June or July?

Does anyone have any insight on when the layoffs are happening in the Richardson office? They have been implied but no actual confirmation of them happening.

Matching donations 2:1 really?

I’m all for the movement and the protests and making change but doesn’t it seem a little tone deaf to tell all of the employees you aren’t paying a full wage to donate and they will donate twice as much with money they “don’t have”?

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