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Buyout Q&A, Jan.22nd Update
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<blockquote data-quote="vantexan" data-source="post: 1085883" data-attributes="member: 24302"><p>Not talking about takeaways. Talking about things like giving us up to 5 mins before our scheduled start time. They've gotten burnt in court numerous times for trying to make us work off the clock, etc. But that wasn't my point. Point was there seems to be a belief that FedEx can do whatever it likes and get away with it. Might seem that way sometimes but they can't do some of the things suggested on occasion on this forum. They can't get around laws against age discrimination. I'm sure they'd love to see all better paid older employees up and leave but they can't lay them off and keep younger, poorly paid employees. We do have some protections and they know it. And this process of reducing payroll and increasing profits is being highly scrutinized by Wall Street. Wall Street cares about it's money first and anything that would cause a huge scandal and public backlash would greatly risk their investment in our stock. The things that have been said as gospel fact that FedEx is going to do to us("...have seen internal documents")are things I've never heard of a company doing to it's employees. What do you think the Press would do to FedEx if they tried such things? The Huffington Post is already going after them, just wait until they get the story out about how FedEx bought Congressmen to thwart a union then proceeded to torture long time loyal employees to quit so they won't have to pay unemployment. They do plenty enough crap, but no more so than a lot of companies, although the Congress thing puts them in the major leagues. But there's a line they know better than to cross because it'll cost them bigtime. We pretty much have to take what they are giving, but it'll never be as extreme as you and R1a have painted.</p></blockquote><p></p>
[QUOTE="vantexan, post: 1085883, member: 24302"] Not talking about takeaways. Talking about things like giving us up to 5 mins before our scheduled start time. They've gotten burnt in court numerous times for trying to make us work off the clock, etc. But that wasn't my point. Point was there seems to be a belief that FedEx can do whatever it likes and get away with it. Might seem that way sometimes but they can't do some of the things suggested on occasion on this forum. They can't get around laws against age discrimination. I'm sure they'd love to see all better paid older employees up and leave but they can't lay them off and keep younger, poorly paid employees. We do have some protections and they know it. And this process of reducing payroll and increasing profits is being highly scrutinized by Wall Street. Wall Street cares about it's money first and anything that would cause a huge scandal and public backlash would greatly risk their investment in our stock. The things that have been said as gospel fact that FedEx is going to do to us("...have seen internal documents")are things I've never heard of a company doing to it's employees. What do you think the Press would do to FedEx if they tried such things? The Huffington Post is already going after them, just wait until they get the story out about how FedEx bought Congressmen to thwart a union then proceeded to torture long time loyal employees to quit so they won't have to pay unemployment. They do plenty enough crap, but no more so than a lot of companies, although the Congress thing puts them in the major leagues. But there's a line they know better than to cross because it'll cost them bigtime. We pretty much have to take what they are giving, but it'll never be as extreme as you and R1a have painted. [/QUOTE]
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