As we are already seeing, FedEx is making an all-out effort to cut our pay. Not pilot pay, not management pay...hourly pay. Most couriers I know are nowhere near topout and probably make somewhere from $40-$50,000 per year, and that includes as much OT as they can get. OK, so what happens when OT is gone AND your weekly hours are just around 35? I don't see a lot of fancy cars in our parking lot, and I know that most of my fellow employees have working spouses, kids, mortgages, and all those other expenses that add-up in a hurry. Lop-off, say 25% off your take-home pay each week, and what happens? Nothing good, I can assure you. And Fred will keep right on sticking it to you, with even higher insurance premiums etc, because of the "economic climate". As soon as I write this, our Apologist-In Chief is going to get on here and say things like, "You should live within your means", "FedEx never promised anyone more than 35 hours", and "Down-sizing and right-sizing are the reality of today's business world", and on and on. You get where I'm going. This whole scam is crap, and we all (except a few) get it. A 10% profit for Express is shooting for the moon, and Smith knows it. There are a lot of other ways FedEx could cut fat out of the operation, but Smith knows he can get it from us with the least amount of pushback. The pilots have a contract, smart flyboys that they are. Fred can try to screw them, but they'd shut his glider fleet down in a heartbeat. They know he's an A-hole, and they were smart enough to drag his whimpering ass to the bargaining table. Smith caved. All of those cubicle-dwellers in MEM could stand a once-over. Over and over again, they make dumb and costly mistakes (buying obsolete fuel hog airplanes, ROADS, Re-branding Kinkos) and they still sit there, fat, dumb and happy thinking of ways to make us more "efficient". Never mind that they don't know the first thing about field operations. If the spreadsheet says it"works", then, by God, let's implement that stupid idea (think Gap times). While you struggle to pay your bills, Fred and the upper echelon are going to be making big bank. So will Boeing. So will Ground contractors, who are going to see a quantum leap in volume. Investors will be happy, because Fred has promised them a 10% profit margin that will never be delivered. This is another "bulletproof" plan that will be shot full of holes like Swiss Cheese. It's what Wall Street wants to hear. Never mind that it's a crap sandwich. Fedex is already back-pedaling from 10% because Boeing won't be able to deliver all of those new airplanes for awhile. The excuses have already begun, and it isn't even October yet. Why? Because the talent that makes efficiency possible at FedEx is going to either leave OR finally realize that they are just pawns in a big game of Monopoly that they can never win. So they won't give that extra effort, and when peak rolls around, maybe they'll tell Fred to stick it in his ass because they had to get a job at Target so they didn't lose their house. So, come October, when you and your significant other sit down at the dining room table and wonder how you're going to meet your obligations, look toward Memphis, slowly raise your middle finger in the air, and say "EFF YOU, SMITH", because he is why you're going to suffer. Thanks again, Fred.