Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
The Competition
FedEx Discussions
Where the 1.7B is Coming From
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="MrFedEx" data-source="post: 1087191" data-attributes="member: 12508"><p>Very simply...from us. And that shouldn't surprise anyone. Fred is <em>spending </em>big money right now on new aircraft, different vehicles, and new technology. And he is <em>saving </em>big money by screwing us over with the increased cost of crap benefits, eliminating all shift and position premiums and very probably NOT giving any raises this year. All of this is "justified" because we are a company "in-crisis". Never mind that most of the problems and wasted spending were caused by mis-management. We, the hourlies, are going to be the source of Fred's 1.7B in cuts because short of slowing down or sitting down, we cannot fight back. </p><p></p><p>I'm hearing of lots of stations getting new Sprinters and/or Nissans, with the W700's going out to pasture. Buyouts, 757 conversions, 767 and 777 purchases, and DRA will <em>cost </em>billions, and the savings new aircraft and vehicles represent won't be realized for a long time. In fact, discarding the W700 fleet well before it's projected 20-year lifespan will result in a net loss of revenue.</p><p></p><p>That leaves us to absorb the brunt of Fred's plan. Has there been <strong>any </strong>mention of upper management having their exorbitant pay and benefits modified? NO. Or has there been any move to reign-in the costs of our high-dollar pilot workforce? NO. </p><p></p><p>We are like a convoy of Taliban plodding across the desert with a fleet of drones circling above us, just waiting to get blasted into oblivion. Except Fred will do it bit-by-bit, picking-off a truck at a time. We can stop and fight the best we can, or we can just keep driving, until there's nothing left.</p><p></p><p>If this company really wants to save some money, start at the top, <strong>then </strong>work down. The waste, idiotic decisions, and poorly spent dollars all originate in Memphis.</p></blockquote><p></p>
[QUOTE="MrFedEx, post: 1087191, member: 12508"] Very simply...from us. And that shouldn't surprise anyone. Fred is [I]spending [/I]big money right now on new aircraft, different vehicles, and new technology. And he is [I]saving [/I]big money by screwing us over with the increased cost of crap benefits, eliminating all shift and position premiums and very probably NOT giving any raises this year. All of this is "justified" because we are a company "in-crisis". Never mind that most of the problems and wasted spending were caused by mis-management. We, the hourlies, are going to be the source of Fred's 1.7B in cuts because short of slowing down or sitting down, we cannot fight back. I'm hearing of lots of stations getting new Sprinters and/or Nissans, with the W700's going out to pasture. Buyouts, 757 conversions, 767 and 777 purchases, and DRA will [I]cost [/I]billions, and the savings new aircraft and vehicles represent won't be realized for a long time. In fact, discarding the W700 fleet well before it's projected 20-year lifespan will result in a net loss of revenue. That leaves us to absorb the brunt of Fred's plan. Has there been [B]any [/B]mention of upper management having their exorbitant pay and benefits modified? NO. Or has there been any move to reign-in the costs of our high-dollar pilot workforce? NO. We are like a convoy of Taliban plodding across the desert with a fleet of drones circling above us, just waiting to get blasted into oblivion. Except Fred will do it bit-by-bit, picking-off a truck at a time. We can stop and fight the best we can, or we can just keep driving, until there's nothing left. If this company really wants to save some money, start at the top, [B]then [/B]work down. The waste, idiotic decisions, and poorly spent dollars all originate in Memphis. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
The Competition
FedEx Discussions
Where the 1.7B is Coming From
Top