Thread regarding FedEx Corp. layoffs

FedEx Buyout 2019: a Good Old Boys buyout

Just as I suspected it is a Good Old Boys buyout. They actually have specific higher up and employees they want to get out of strategic positions to put others in that will go along with their bully manage tactics ,

They already had people in mind before this was all laid out. The people that have been with the company for many years that want to take the money and retire that are in positions that have been overworked and not hired replacement personnel are held hostage and not given a chance to take the buyout.

The ones who are in the good old boys club are rewarded . So much of fedex is not known and hid behind stuff like this. The people laid out to be on the aircraft mx side will have to be replaced due to the operation so how are they eligible and others not ???

Seems like it is business critical yet they are still eligible. they should make everyone eligible just cap a percent in each department instead of hand picking who they want in the good old boys club. Somethings never change and We can see right through them

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| 2231 views | | 2 replies (last January 22, 2019) | Reply
Post ID: @OP+XeVWA4p

2 replies (most recent on top)

Agree 100% that they should make everyone eligible - that's the only right to do here!

Good luck all.

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Post ID: @1jvq+XeVWA4p

There are a lot of people that are upset at the prospect of being let go and that's understandable. But the reality is that no company is loyal to their employees and no employees are loyal to a company. The company is going to look for people to help them get their products and/or services to market faster and the employees will go to a company that pays them as much as possible. The times of starting as an intern in the mail room and becoming CEO are long gone.

No matter what your position and/or company it's important that you keep educating yourself and developing skills that make you valuable. Many companies are downsizing, just look at all companies that have active boards here - the question will be what are you doing to make yourself considered critical/valuable.

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Post ID: @1xwc+XeVWA4p

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