We all know Fred wants to get rid of senior, topped-out employees, but a lot of them are hanging around because they have to, not because they want to stay longer in FedEx hell. Why? Most cannot afford to retire. Even if they are under the Traditional Plan for the bulk of their retirement funding, that is still a piddly amount. And if they didn't do the 401k? They have even less to retire on. In other words, because he is so freaking cheap, Freddie gets to have 70 year-old couriers some day. Isn't that just swell? The net result is that these people are staying and putting a kink in Fred's plan to re-invent the wheel into a square. Serves the old jerk right. Screw you, Smith!