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FedEx Pilots - Covid19
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<blockquote data-quote="59 Dano" data-source="post: 4437421" data-attributes="member: 23516"><p>Can't speak for the Ground side, but the Express side came thiiiiiiiiiiiiiiiiiiis close to layoffs. They opted instead for cutting manager pay by 5%, suspending the 401k match, and other cuts. Whether it was a good idea depended on where you were in all of that.</p><p></p><p>If you're someone who may have been laid off, it's great. If not, then you're giving up pay/benefits that will come back slowly, if at all. I'm of the belief that it's better to lay off a small number of people and have them ticked off at you because you laid them off than to keep everyone and have everyone ticked off at you because you cut their compensation.</p></blockquote><p></p>
[QUOTE="59 Dano, post: 4437421, member: 23516"] Can't speak for the Ground side, but the Express side came thiiiiiiiiiiiiiiiiiiis close to layoffs. They opted instead for cutting manager pay by 5%, suspending the 401k match, and other cuts. Whether it was a good idea depended on where you were in all of that. If you're someone who may have been laid off, it's great. If not, then you're giving up pay/benefits that will come back slowly, if at all. I'm of the belief that it's better to lay off a small number of people and have them ticked off at you because you laid them off than to keep everyone and have everyone ticked off at you because you cut their compensation. [/QUOTE]
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