Good Story on How FX is Falling Apart

[MassWineGuy]

Some FedEx employees say layoffs are wrecking morale and chipping away at the famous loyalty that Fred Smith built

11 current and former FedEx employees say the most recent round of layoffs is threatening to erode the culture that Fred S built over five decades

www.businessinsider.com

 

[Fred's Myth]

Some FedEx employees say layoffs are wrecking morale and chipping away at the famous loyalty that Fred Smith built

11 current and former FedEx employees say the most recent round of layoffs is threatening to erode the culture that Fred S built over five decades

www.businessinsider.com

Officers and Directors were stunned that they were deemed expendable.

I was stunned that the decision-makers started cutting at the top.

But I am afraid that the barn door keepers may have waited too long to close the doors.

 

[MassWineGuy]

Such people haven’t been stunned their whole lives. They need to cut about 25 percent of such jobs.

 

[MrFedEx]

Some FedEx employees say layoffs are wrecking morale and chipping away at the famous loyalty that Fred Smith built

11 current and former FedEx employees say the most recent round of layoffs is threatening to erode the culture that Fred S built over five decades

www.businessinsider.com

I think it's telling that they use both "drinking the Kool-Aid" and "bleeding purple" as descriptions of the loyalty they felt to the company. Fred, Raj and all the rest of them could care less, and they never cared in the first place. The whole cult is based on the lie of PSP.

 

[dezguy]

Salary are now seeing what hourlies have known for over a decade.