A Billion More To Come.

[bacha29]

In his comments following the earnings release Raj said that another billion dollars in cost cutting is coming. Said something about having it all in place by next September. Wasn't specific about the areas from which those cost cuts will be extracted. Any of you guys want to thrown in your best guess?

 

[AB831]

In his comments following the earnings release Raj said that another billion dollars in cost cutting is coming. Said something about having it all in place by next September. Wasn't specific about the areas from which those cost cuts will be extracted. Any of you guys want to thrown in your best guess?

Labor

 

[yadig]

I’d start by cutting the white collar jobs, like dano.

 

[burrheadd]

Put couriers in the 2nd seat

 

[bacha29]

Labor

In contractors think Fat Freddy drives a hard bargain....they ain't seen nothing yet.

 

[yadig]

I honestly think they don’t know we’re to start

 

[rod]

In his comments following the earnings release Raj said that another billion dollars in cost cutting is coming. Said something about having it all in place by next September. Wasn't specific about the areas from which those cost cuts will be extracted. Any of you guys want to thrown in your best guess?

With that POS driver killing that little girl they will be spending millions on lawsuits

 

[bacha29]

With that POS driver killing that little girl they will be spending millions on lawsuits

The driver was the lawful employee of the contractor. FDX if held liable will likely only have to pay a percentage of the award. If the contractor was smart he would immediately dissolve his corporation and become a very hard person to find.

 

[rod]

The driver was the lawful employee of the contractor. FDX if held liable will likely only have to pay a percentage of the award. If the contractor was smart he would immediately dissolve his corporation and become a very hard person to find.

The truck still said FedEx on the side of it. They will get drug into it.

 

[Cactus]

How about cutting Raj’s position? And all the other upper management that royally screwed up.

 

[Fred's Myth]

The driver was the lawful employee of the contractor. FDX if held liable will likely only have to pay a percentage of the award. If the contractor was smart he would immediately dissolve his corporation and become a very hard person to find.

Who has the deep pockets? They're the target.

 

[bacha29]

Who has the deep pockets? They're the target.

From the new Mexico bloodbath a few years ago FDX was held liable for the larger percentage of the award which in total was something like 65 million. The contractor was held liable for a smaller percentage but he was smart. Immediately dissolved his corporation then reorganized under a different name.

 

[Commercial Inside Release]

Whatever FedEx does, UPS soon follows... Although, they have resisted Sunday delivery.

 

[yadig]

Whatever FedEx does, UPS soon follows... Although, they have resisted Sunday delivery.

Ups has one thing FedEx express doesn’t, leverage.

 

[Mindthegap]

The truck still said FedEx on the side of it. They will get drug into it.

It was probably an express package he was there to deliver.

 

[zeev]

How do you save 1 billion get rid of small package Express deliver everything on one truck change nothing else.

 

[Gone fishin]

How do you save 1 billion get rid of small package Express deliver everything on one truck change nothing else.

Yep. Everyone becomes employees. One truck

 

[zeev]

I don’t think that’s what FedEx has in mind with cheap Ground labor still available.

 

[Gone fishin]

I don’t think that’s what FedEx has in mind with cheap Ground labor still available.

It’s not available , no one stays or wants to work at ground. It’s run its course and the brand is suffering from it. Slowly integrate the hubs and run the proven ups model. Change or sell

 

[Cactus]

I’d start by cutting the white collar jobs, like dano.

I’d really love to know how his position does anything to help the operation.