Thread regarding Fossil Inc. layoffs

Mass layoffs in EMEA

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

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| 3702 views | | 17 replies (last November 10, 2020) | Reply
Post ID: @OP+17wJGCBB

17 replies (most recent on top)

  1. ..agreed! And it's been the blind leading the blind at all levels. Promotions based on favoritism, successful attempts to railroad and toss productive employeesunder the bus because they refused to play the game! Sadly some people will never grow up! But best believe those of us that you railroaded are doing fantastic! "How you doin'"!
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Post ID: @lazm+17wJGCBB

Let’s face it. It’s the blind leading the blind. The company was in a world of hurt long before Covid. Over the years, we have all watched around the world (not just EMEA) leaders being hired, fired, promoted that have ZERO clue about the watch market. It’s not a just a problem with a niece. It’s a problem from the top. Arrogance. Ignorance. Lack of vision. Desperate to unload product “mistakes” from previous and current saviors. It’s sad. The company used to understand their customer and we stayed focused on that knowledge.

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Post ID: @kltn+17wJGCBB

EMEA office in basel should be closed. A few jobs that are still relevant can be easely done by Dallas.

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Post ID: @geze+17wJGCBB

When the ceo promotes his niece to lead all creative direction and investment and this person has no prior success at other companies then yes you will inevitably ruin your company. The damage is done this person is now gone. The culture remains. There is an arrogance that bleeds there that unquestioned control over hard workers is good leadership, no, delegating proper levels of control to smarter people and keeping them is good leadership. These shysters (brothers) chase a buck no matter how deep they have to lie, because they have no respect for the customer or their employees. But the customer and employees are smart, the results show it.

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Post ID: @6ylh+17wJGCBB

@6xgk+17wJGCBB
I completely agree with you 100%, if you'd reread parts of my comment. However, there are some, not all employees...still there....that are PART of the problem too that management definitely should have stepped up and gotten rid of. I left because they couldn't or wouldn't recognize that fact!

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Post ID: @6fwx+17wJGCBB

"Let's not put this completely on management".....are you kidding me?
Who are the ones responsible that these "lazy long term employees" are still part of the company?
A good management should identify clearly who are productive and who not. These who arent productive they could definetly get rid of them.
The lazy people are still working here it's because Management are not doing ANYTHING! Probably they know, but they are just ignoring the problem.

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Post ID: @6xgk+17wJGCBB

Let's not put this completely on management you have employees....mostly the long term employees many of which are still there. These are the ones who were coddled because they pretend to have "issues" , while the productive employees were being mistreated in favor ofthe "problem" employees....I know of 4 that are still there in the Richardson office alone! Again Fossil should have evaluated it's workforce....sometimes you need to work from the bottom up to see where your weaknesses are....it's not ALL management, but they contribute greatly when not recognizing the poor non-productive players...not people who solely conform...but those that whine, complain, want to be recognized, only want a check and do absolutely nothing to improve!!

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Post ID: @6uxu+17wJGCBB

I think everyone working in Fossil no matter in NAM,EMEA or APAC. Everyone knows management in this company is TERRIBLE. They just think doing a little will obtain big results...
Company will be gone in less than 3 years, currently management is just trying to fill in their pockets as much as possible, they know very well outside Fossil, they are not gonna to get a job easily.

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Post ID: @6caj+17wJGCBB

Yeah, well I'm sure the same could be said about those employees left in the Richardson office as well.

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Post ID: @6wfx+17wJGCBB

Yes, I am personally convinced that Emea management has been with the company WAY WAY too long. They stay because they got too comfortable and too lazy. They are not competitive for most careers outside of fossil, if they are let go by Dallas one day - their chances of finding a position with a similar pay and title are zero. Some of them never worked for any other company or worked 20 years ago. They have nothing to put on the table, nothing. Nepotizm is flourishing as a result.
I also think that Dallas does not even try to change this because emea will cease to exist soon, there is no point hiring professionals as the end is soon. Or Dalllas just gave up on us.

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Post ID: @5hro+17wJGCBB

@goodone: There is obviously a conflict of interest is the upper management...

I would love to see strong managers from outside the EMEA in the upper management - would anyone agree?

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Post ID: @5pjw+17wJGCBB

So so sad.

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Post ID: @3zgx+17wJGCBB

Agree there is obviously plenty of favoritism going on out there (puke)

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Post ID: @2nob+17wJGCBB

Good riddance to bad rubbish. EMEA was always a mess, leadership was lacking integrity all along.

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Post ID: @2jqa+17wJGCBB

Hard to tell how many people were impacted because of consultations.
No vision, no plan, only bla bla ...

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Post ID: @1cbi+17wJGCBB

How many people gone?

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Post ID: @1pqc+17wJGCBB

EMEA became family business. How Kosta can stand this? There is obviously a conflict of interest when a married couple (who btw are extrimely bad leaders and noone respects them at all) lead the whole EMEA?

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Post ID: @1jie+17wJGCBB

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