Thread regarding Fossil Inc. layoffs

Wow watching Jeff speak in the huddle. Just say layoffs and outsourcing instead of all these coded. and sentences

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| 1561 views | | 7 replies (last November 25, 2023) | Reply
Post ID: @OP+1pG5Ov2q

7 replies (most recent on top)

It was truly the most dismal performance by corporate leaders. I felt like I was watching a SNL skit. Listening to all of them makes you want to jump ship as quickly as possible.

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Post ID: @5oox+1pG5Ov2q

Any department that can be outsourced, will be outsourced.

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Post ID: @2njt+1pG5Ov2q

Benefits also getting outsourced.

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Post ID: @1yab+1pG5Ov2q

Compliance dept getting outsourced at the end of 1st quarter. Distribution Center North America getting taken over by 3pl next summer.

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Post ID: @1tqc+1pG5Ov2q

The downfall has been going on for many years. I think we’ve hit almost the bottom.

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Post ID: @ehv+1pG5Ov2q

Yeah I think impacted is a lame way to say you just lost your job!

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Post ID: @rbf+1pG5Ov2q

Outsourcing seems hardly beneficial for our previously unique Supply Chain model. Has anyone taken quality into consideration? Fossil is clearly not a mass market business. Why jeopardize what we've painstakingly built over the years, along with our valued vendor relationships? The consultants surely have their reasons, but I respectfully disagree with this approach. They clearly lack any understanding of our operation model and outsourcing will potentially lead to our downfall.

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Post ID: @oxm+1pG5Ov2q

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