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<blockquote data-quote="MrFedEx" data-source="post: 1196616" data-attributes="member: 12508"><p>Can we expect a talk about "legacy costs" in the near future? Maybe this is the new phraseology that is going to wake all of us hourlies up to what a great deal we're getting. You're so full of crap. FedEx has minimal retirement costs, especially in comparison to a high-wage, unionized company like GM or Chrysler. The job we do is not subject to foreign competition, so your head is up your ass on that one too. Until Fred can import Mexicans or Chinese to do our jobs, your statement is just plain false. FedEx has very low retirement costs, and they're getting proportionately lower with the PPP and many people walking out the door before they are even vested. Do <strong>your </strong>math.</p><p></p><p>When GM was restructured, the biggest impediment was an entrenched management bureaucracy that refused to see reality and required layers of approval for even the simplest decision. All lower-level and frontline decision-making was made the job of middle and upper-level management, mainly to justify their existence. Sound familiar?</p><p></p><p>MT3 says that his toilet is stopped-up...something about getting some bad truffles. Hop to it!</p></blockquote><p></p>
[QUOTE="MrFedEx, post: 1196616, member: 12508"] Can we expect a talk about "legacy costs" in the near future? Maybe this is the new phraseology that is going to wake all of us hourlies up to what a great deal we're getting. You're so full of crap. FedEx has minimal retirement costs, especially in comparison to a high-wage, unionized company like GM or Chrysler. The job we do is not subject to foreign competition, so your head is up your ass on that one too. Until Fred can import Mexicans or Chinese to do our jobs, your statement is just plain false. FedEx has very low retirement costs, and they're getting proportionately lower with the PPP and many people walking out the door before they are even vested. Do [B]your [/B]math. When GM was restructured, the biggest impediment was an entrenched management bureaucracy that refused to see reality and required layers of approval for even the simplest decision. All lower-level and frontline decision-making was made the job of middle and upper-level management, mainly to justify their existence. Sound familiar? MT3 says that his toilet is stopped-up...something about getting some bad truffles. Hop to it! [/QUOTE]
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