I read a post on the FedExaminer site today that FedEx will be closing 4 unspecified Call Centers in the near future. If true, are these the first "layoffs" in the 36-year history of the company? Or will all the displaced agents be offered handler positions at one of the Hubs, which almost nobody would take? (Translation: Eliminated workers who "refused" new positions and won't get unemployment) In view of all of these cost-cutting moves, why is FedEx still flying execs and VIP politicians all over the world in our very expensive and quite large fleet of executive jets? Guess how many executive jets UPS has? NONE, (Zero), and all of their management flies either coach class on commercial airlines or via jumpseat on UPS aircraft. My source? A post I made 2 days ago on this site asking how many business jets UPS owned. So, while Fred, Matt, and Dave are jetting-off to Aspen or Jackson Hole, the corporation is letting people go. I wonder how it feels to be sipping wine at 40,000 feet, knowing that someone who actually needs a paycheck no longer has one? I know that you might have to buy a Merecdes now instead of that Bentley, just so you can look good Fred, but come on, how much longer can you keep the charade going? The 20% cut you took is much more than the total compensation of the CEO of UPS. I imagine that the ratio for your upper management team is similar. So while we ration toilet paper, eliminate coffee and bottled water service, and now, actual employees, you're still jetting your pampered ass and that of your politician friends all over the world. All the while, you're making about 5 times what your counterparts at UPS earn. Sorry Fred, but you are the lowest form of scum that exists on this planet. Lower than even Rush Limbaugh, who perhaps still has some small bit of conscience left in his fat, tortured soul.