They didn't announce a full merge last summer.
Do you own some of those delivery trucks/routes like bbsam does? If not, do you deliver? Any idea what will happen to the owners and their assets??Did not see this coming.
FedEx to combine delivery units as part of a $4 billion cost-cutting push
FedEx said on Wednesday it will consolidate its separate delivery companies into a single entity, as the group slims its bloated infrastructure.www.cnbc.com
I don't work for Ground. I have no idea how they're going to do this.
Oh, thought you did.
Neither does FedEx.
They're contracted with Fedex Ground. According to the press release in 86 days FXG will cease to exist. I expect that at the last minute they'll have shoved in their faces another one of those unilaterally drafted, and implemented "negotiated" 1 year contracts.
The dumbest way possible.
Correction Fiscal year starts in June not July. In the meantime imagine you're a contractor and you've got all these trucks sitting there getting older and less valuable by the day, valued and experienced employees tired of the uncertainty and low pay ready to jump ship and you're standing there with your thumb inserted in a bodily orifice getting the mushroom treatment from corporate.
Wait a minute, that's an excellent point but if Fedex Express ceases to exist so does the recognition of any seniority rights.
Why would they need to do that?
What did they do with tnt employees? That would be a solid indication
If they go full contractor mode
They aren't going full contractor model.
They may not but the email sent out clearly states the contractors aren't going anywhere.
It didn't clearly state that. It stated they will continue to use employees and contractors. How that plays out wasn't specific in the email. My guess would be most if not all dense urban areas would go full employees and rural areas would go to contractors.
