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FedEx Allocating Entire Advertising Budget On FXO
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<blockquote data-quote="Manager Wants Buyout" data-source="post: 1016102" data-attributes="member: 42989"><p>FedEx is overflowing with money. However, FedEx Office has been bleeding money for over a decade. 60-70MM in losses every year so all those profitable packages we hear about is all BS. Those packages pay for the losses. The direction of Office is clearly a good one but as of right now and ever since they bought the leveraged buyout, it's been a disaster, declining every year. It's not a local situation. The entire opco has failed for a decade and employees throughout the company hate it. The future of the company depends upon focused buyouts on long time overpaid managers, overpaid team members and adding cheap labor. The future is bright, just not for those already here.</p></blockquote><p></p>
[QUOTE="Manager Wants Buyout, post: 1016102, member: 42989"] FedEx is overflowing with money. However, FedEx Office has been bleeding money for over a decade. 60-70MM in losses every year so all those profitable packages we hear about is all BS. Those packages pay for the losses. The direction of Office is clearly a good one but as of right now and ever since they bought the leveraged buyout, it's been a disaster, declining every year. It's not a local situation. The entire opco has failed for a decade and employees throughout the company hate it. The future of the company depends upon focused buyouts on long time overpaid managers, overpaid team members and adding cheap labor. The future is bright, just not for those already here. [/QUOTE]
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