franknitty
Well-Known Member
I was informed today that some FedEx Office Stores will be closing their doors permanently. Any truth to this rumor ?
There have been closings of Office locations.
Locations whose revenue over the past couple of years has been sub-par (store expenses exceed revenue) have been closing as the lease on their location comes up. The personnel in these stores are offered positions in nearby stores to avoid having any layoffs.
Office knows which locations they are closing about 6 months before the location actually closes, so they place hiring freezes on the location and surrounding locations a few months before the location closing. They are actually doing a decent job in NOT laying people off, but rather transferring them to other locations. I believe that Office has the capability to offer positions in other locations up to 20 miles away from the closing store. If the employee turns down the offer, then they are considered to have voluntarily terminated their employment.
It is sad, but I honestly can't see how people missed the "writing on the wall". Everything Fedex is doing makes perfect sense from a strictly business standpoint.
It is sad, but I honestly can't see how people missed the "writing on the wall". Everything Fedex is doing makes perfect sense from a strictly business standpoint.
Since when do most employees have training courses in the way the company runs their business?It is sad, but I honestly can't see how people missed the "writing on the wall". Everything Fedex is doing makes perfect sense from a strictly business standpoint.
The overwhelming majority of FedEx wage employees don't have the acumen to see things from "a strictly business standpoint". This isn't their fault, they're employees and not educated in the methods of business operations.
Since when do most employees have training courses in the way the company runs their business?
Well......why not? All FedEx drivers are misclassified.Are you making the point that I really am a business owner and not a misclassified employee? My how the times are a changin'! If only MFE could see us now!
I was led to believe by people here that the company should never change anything and that FedEx should keep all operations going as usual even if the business climate/economy didn't justify it.
How should they be classified? Slaves? Indentured servants?
The overwhelming majority of FedEx wage employees don't have the acumen to see things from "a strictly business standpoint". This isn't their fault, they're employees and not educated in the methods of business operations. They punch a clock, do their job and believe the BS that they get from their managers and monthly videos they are forced to watch. When the hammer is dropped on them, the reaction that "franknitty" described (still in shock) is common place.
When the pension plan was gutted in Express, I still remember the "shock" among all the "loyal" employees of Express (the ones who bled purple up until that time). They couldn't believe that the company that had "People, Service, Profit" and "FedEx Cares" would devastate their pension. Many just subsequently accepted the fact and carried on, others got real pissed off and either made plans to get out or to start trying to fight back (or both).
What you and I take for granted (the writing on the wall), simply isn't within the ability of most Express (or Office)employees to fully digest. You've seen the disbelief of many Express employees on this forum over the years - they simply couldn't or WOULDN'T believe that their employer was planning on dumping on them while feeding them all the BS at work telling them to "remain calm" and "all is well".
Well now, FedEx has made the decision to pull the trigger on their plan. They are doing it slowly, but it is obvious beyond any doubt that the decision has been made - a decision to execute a business plan which I and a couple of others here have been detailing as much as possible over the past 2.5 years. You're going to be reading a lot of "shock" in this forum over the coming months.
Really, we were so convincing that you actually believed it? Will miracles never cease?!!
I say we all chip in and help the company achieve that extra billion in profit. Come on people, get with the program!
In all seriousness, the best ideas about how the company should be run come from those who think the margin of profit doesn't matter as long as the opco is in the black.
Told a coworker about this today. He said if it does happen he's going to GFT it, LOL!!
Well then I guess we'll just have to accept our lot in life. Don't expect anything for your efforts, it's just good enough to have a job. What's important is the twinkle in the eye of major stock owners when they look in the WSJ and see the share price is up! Or when they see the 3000th sports event sponsored by FedEx on tv at the clubhouse and turn to their golf buddies and say "Hey, better get in on that action! They made me $5k last week!"