No merit increases for any staff! retail cooperate ops etc. Told that HO is not getting their annual bonus too. I bet the BOD are getting their bonus and raises. So disappointing we cut hours and give out no raises to appreciate the additional workload.
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Any bonus payout for 2023 will be utterly outrageous and disgraceful! This should never be approved. Our stock has been languishing below one dollar for the majority of the week, and it's high-time the BOD and ELT faces the consequences and get axed for driving this company to possible bankruptcy.
They have to make sure EVPs get their bonuses and raises at the expense of those that are overworked!
FOSL hit $0.93 today. ouch.
Merit increases are not cut in all offices, there is still a region with fun in the wallet.
Stock about to drop below $1 and bankruptcy will follow, run while you still can!
Hardly a surprise is it?