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Taking It Back
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<blockquote data-quote="vantexan" data-source="post: 758775" data-attributes="member: 24302"><p>Actually according to the company the growth in profits this quarter is due to overseas shipments. That's Express. But according to our mgr we are really hurting. Not what they are telling Wall Street. Back in the 90's after we'd gone around 3 years without a raise Fred S told us in the Worldwide Update newsletter that if topped out employees were given a 2% raise it would cost the company $30 million a year, which he said they couldn't afford. About that same time FedEx announced for the first time they had netted a $250 million profit in one quarter.</p></blockquote><p></p>
[QUOTE="vantexan, post: 758775, member: 24302"] Actually according to the company the growth in profits this quarter is due to overseas shipments. That's Express. But according to our mgr we are really hurting. Not what they are telling Wall Street. Back in the 90's after we'd gone around 3 years without a raise Fred S told us in the Worldwide Update newsletter that if topped out employees were given a 2% raise it would cost the company $30 million a year, which he said they couldn't afford. About that same time FedEx announced for the first time they had netted a $250 million profit in one quarter. [/QUOTE]
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