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Fed Ex reinstates 401k match...
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<blockquote data-quote="pretzel_man" data-source="post: 653490" data-attributes="member: 927"><p>First, didn't loss in the quarter(s) have to do with the writeoff for Kinko's vs. an operating loss?</p><p> </p><p>Second, FedEx DID announce layoffs in April (1000 salaried employees I think)</p><p> </p><p>Third, their ground drivers are treated like contractors so who knows how many less are working or how much less they make.</p><p> </p><p>Fourth, didn't FedEx move away from a traditional pension plan to a 401k match in 2007? If so, the match was a replacement for their pension instead of an addition like the UPS plan was.</p><p> </p><p>Finally, what is your conclusion? That employees can be treated better without a union?</p><p> </p><p>P-Man</p></blockquote><p></p>
[QUOTE="pretzel_man, post: 653490, member: 927"] First, didn't loss in the quarter(s) have to do with the writeoff for Kinko's vs. an operating loss? Second, FedEx DID announce layoffs in April (1000 salaried employees I think) Third, their ground drivers are treated like contractors so who knows how many less are working or how much less they make. Fourth, didn't FedEx move away from a traditional pension plan to a 401k match in 2007? If so, the match was a replacement for their pension instead of an addition like the UPS plan was. Finally, what is your conclusion? That employees can be treated better without a union? P-Man [/QUOTE]
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