Does anyone know anything about the new chatter on more layoffs after the holidays?
3 replies (most recent on top)
New year, new layoffs - happened today.
Yeah they announced they are closing stores and changing the way they bring products to market. Also, they are skrinking the number of products they are selling. This will unsurprisingly mean layoffs in hq and stores.
https://eresearch.fidelity.com/eresearch/evaluate/news/basicNewsStory.jhtml?symbols=FOSL&storyid=201611040133KRTRIBBUSNEWS_26215_2118&provider=KRTRIB&product=BUSNEWS_&sb=1
Closing stores and reorganizing the business...