Thread regarding Fossil Inc. layoffs

Lay-Off and ELT Bonuses

Only at Fossil can you have mass lay-off and some of Kosta’s ELT get Outstanding as a rating.

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Post ID: @OP+13PoZSD1

8 replies (most recent on top)

It was online as of Feb 27th. It's all publicly shared information.
https://sec.report/Document/0001104659-20-045153/

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Post ID: @10bpu+13PoZSD1

Is the confidence due to actual evidence or is this just a hunch? I am definitely not ELT, but just don’t think its fair unless someone can provide some clarity on how they could know this.

Regardless, I guess we’ll find out for sure soon.

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Post ID: @dmop+13PoZSD1

Dear Fake News, wanna bet you’re wrong?

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Post ID: @cgsy+13PoZSD1

Gonna call BS on this.

Exec compensation is reported yearly on the Proxy Statement which hasn't been released for 2019 fiscal year. Unless someone has insider access to ELT's performance reports, I'd recommend some skepticism here. If they did, I'd hope they'd be smarter than to post this message here, since it's probably a very small group.

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Post ID: @bxbj+13PoZSD1

con men sinking the ship, misleading kk, and taking home as much as they can before the well is all dry.

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Post ID: @2kts+13PoZSD1

Exactly! Been going on for years. ELT is obviously never going to be held accountable for the performance of the company.

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Post ID: @1roj+13PoZSD1

Public info based on their bonuses. Plus some may find out internally. There’s no doubt HR will give themselves Os. Darren’s mentality.

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Post ID: @1fji+13PoZSD1

How can you know ELT ratings?

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Post ID: @1lqg+13PoZSD1

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