Thread regarding Fossil Inc. layoffs

Bonus for failure

I cannot believe that the BOD/ELT are approving bonus payouts for failure, while pushing us towards the brink of bankruptcy. Meanwhile we keep hiring and firing. More big layoffs are literally around the corners. Watch this space!

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| 988 views | | 4 replies (last March 19)
Post ID: @OP+1rBlS1KC

4 replies (most recent on top)

You misunderstand where is the information on approved bonus payouts?

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Post ID: @1kgi+1rBlS1KC

Are you kidding there are only a million places to find this including fossil.group's own website...

2023 net loss $156M

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Post ID: @yhd+1rBlS1KC

Do you have a source for this? I don’t see it in the sec filings

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Post ID: @dgl+1rBlS1KC

Pretty sad since that team lost $160M last year! They wanted theirs so they thought they better throw some crumbs from the lifeboats! And good luck attracting a new able captain for that ship!

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Post ID: @plt+1rBlS1KC

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