FEDEX losing Amazon business NOW?

dezguy · Mar 12, 2019

vantexan said:
FEdEx has always pushed employees for every penny it pays them. Is turnover as high as before the new pay plan? Doubtful. But to avoid layoffs if things get tight they'll push employees enough that plenty will quit before they ever reach top pay. Wouldn't be the first time, doubtful the last.

FedEx still has a business to run, despite the stock values. You can't run a business if you drive employees to quit in an effort to stabilize stock values.

dex 84 · Mar 12, 2019

vantexan said:
FEdEx has always pushed employees for every penny it pays them. Is turnover as high as before the new pay plan? Doubtful. But to avoid layoffs if things get tight they'll push employees enough that plenty will quit before they ever reach top pay. Wouldn't be the first time, doubtful the last.

Locally at least we don't have a lot of turnover. It's just everyone's getting to retirement age and retiring, not many young people quitting...

Nolimitz · Mar 12, 2019

Saw my first Amazon (logo'ed) 54' trailer on Fri in south bum friend Idaho. yet my drops to rural couriers was 80% Amazon

vantexan · Mar 12, 2019

dezguy said:
FedEx still has a business to run, despite the stock values. You can't run a business if you drive employees to quit in an effort to stabilize stock values.

They can if they can't support the number of employees they have. They could do a layoff for the first time, but probably would prefer higher paid employees to quit.

dex 84 · Mar 12, 2019

vantexan said:
I hope you're right for you're sake.

I'm coming up on my 5 year anniversary. I've never seen it as busy in the off season as it is now. We were running routes we only run during the summer and December almost straight through from labor day to Christmas. After Christmas as we went into the dead of winter we stopped running the extra routes but it was still busy for that time of year and now it's only going to pick up from here. We're definitely in for it this Spring and Summer if the Fall and Winter were any indication...

dezguy · Mar 12, 2019

vantexan said:
They can if they can't support the number of employees they have. They could do a layoff for the first time, but probably would prefer higher paid employees to quit.

Again, they still have customers to service. How can you service customers if you're driving employees to quit?

Sure you can bring in younger employees cheaper but if you can't retain those employees, you're still in the same mess you started out in.

Nolimitz · Mar 12, 2019

dezguy said:
Again, they still have customers to service. How can you service customers if you're driving employees to quit?

Sure you can bring in younger employees cheaper but if you can't retain those employees, you're still in the same mess you started out in.

your trying to talk to a has be/never was

vantexan · Mar 12, 2019

dezguy said:
Again, they still have customers to service. How can you service customers if you're driving employees to quit?

Sure you can bring in younger employees cheaper but if you can't retain those employees, you're still in the same mess you started out in.

Welcome to FedEx, and as a "has be/never was" I've seen them do exactly this. Hope for your sakes it doesn't happen.

dezguy · Mar 12, 2019

vantexan said:
Welcome to FedEx, and as a "has be/never was" I've seen them do exactly this. Hope for your sales it doesn't happen.

Don't worry about me. Trust me, I'll be fine.

Fred's Myth · Mar 12, 2019

dezguy said:
FedEx, et al have known Amazon was leaving for a few years now. It's not like this was dropped out of the blue.

Will it affect hiring? Yeah. Will it cause FedEx to take back from employees? Ehhhhh....

They're having a hard enough time keeping the people they have. I'm not sure going after its employees is going to better that situation.

Are you referring to the same FedEx that can’t remember that Christmas falls on December 25th every year?

59 Dano · Mar 12, 2019

vantexan said:
Dano 59 will shortly be telling us that Amazon will soon fail at this and FedEx doesn't need them anyways.

Looks like van cashed out his retirement and went all-in.

59 Dano · Mar 12, 2019

vantexan said:
FedEx needs profits and losing Amazon, if that's the case, just makes it that much harder to clear a profit.

Yeah, FedEx will crash and burn if they lose that 1.3% of their revenue that comes from Amazon.

59 Dano · Mar 12, 2019

vantexan said:
FedEx was a smaller operation overall before Amazon. Doesn't matter if Amazon becomes a competitor or not, without them FedEx will be consolidating routes, curtailing hiring, get leaner and meaner with current employees. Lower profits means smaller dividends, dividends drive stock price. If stock price drops, Fred and the other execs become less rich. Which really upsets them. There's no such thing as ho hum when a customer as big as Amazon is lost.

HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA

the_brown_note · Mar 12, 2019

dezguy said:
They're delivering their own where I am, now. Was talking with a Purolator guy the other day and they've laid off two guys with more expected in the near term.

I guess they're doing it like Uber; drive around in your own vehicle, delivering packages for a buck a pop. Sad thing is, these guys think they're making good money but need to do 25-30 stops an hour, minus gas and vehicle wear and tear.

Not just that by these idiots don’t realize they’re not paying into state disability, have no insurance, nothing is being put away for retirement. These people have no idea how :censored2:

ty their jobs are. Just just want the money now and don’t think about their future.

vantexan · Mar 12, 2019

59 Dano said:
Yeah, FedEx will crash and burn if they lose that 1.3% of their revenue that comes from Amazon.

And right on cue...

vantexan · Mar 12, 2019

59 Dano said:
HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA

He's a jolly old elf!