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The Competition
FedEx Discussions
Raises for 2019
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<blockquote data-quote="vantexan" data-source="post: 4197925" data-attributes="member: 24302"><p>I actually thought, foolishly thought, that FedEx would stick to the step plan due to the strong economy. If FedEx is losing money in this economy they are being mismanaged. And layoffs? What kind of message would that send to Wall Street? It's all about keeping profits up, and paying dividends to keep Wall Street happy and keep the stock price up so they can cash in on their stock options. So, as has been the case since ZapMail, they take from the employees to cover their blunders. I saw 10+ year employees placed on Step 2 with the new plan. How do you think they feel right now?</p></blockquote><p></p>
[QUOTE="vantexan, post: 4197925, member: 24302"] I actually thought, foolishly thought, that FedEx would stick to the step plan due to the strong economy. If FedEx is losing money in this economy they are being mismanaged. And layoffs? What kind of message would that send to Wall Street? It's all about keeping profits up, and paying dividends to keep Wall Street happy and keep the stock price up so they can cash in on their stock options. So, as has been the case since ZapMail, they take from the employees to cover their blunders. I saw 10+ year employees placed on Step 2 with the new plan. How do you think they feel right now? [/QUOTE]
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