There has been talk about even more cuts coming early next year, but nobody seems to know if it is real. People keep trading bits of speculation and it puts everyone on edge. I am keeping my head down and waiting to see what leadership says. It is tough concentrating on work with that hanging over us.
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Don’t think about that! Look at the shiny airstream we brought in the building to distract you from all the empty cubicles✨
Early indicators suggest that holiday sales are significantly underperforming for both the Fossil brand and the licensed brands. There are very few positive signs, and fourth-quarter results are expected to be weak. I’m beginning to explore other opportunities, as I don’t see the current retail climate or leadership offering any real turnaround.
What could “leadership” say? With all the new “leadership” that has been brought in, they can’t figure out how to stop what has already has been in motion for years! Brand has become irrelevant. Only thing they can say is more cuts on the way.
@OP you just posted a quarterly -$32 million dollar loss, if you don’t cut you will be bankrupt, for the current sales fossils structure is still far too heavy vs other companies
Keep your head down over the classifieds, ‘leadership’ has to make bonus!