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<blockquote data-quote="vantexan" data-source="post: 862646" data-attributes="member: 24302"><p>Can you answer a previous question of mine? Will FedEx be on the hook for paying unemployment if they lay off employees? With a guaranteed 35hr week if they go to strictly overnight for Express then most likely many FTer's are going to get an hour or 2 of guaranteed pay here and there. I'm betting that many topped out couriers eligible to retire will opt to stay on if they're only working 35-37 hrs a week. More income than their pension, cheaper healthcare than the retiree plan, and shorter days. I bet many of them hold out until their SS kicks in. There are other factors that favor going to strictly overnight. My station gets a Memphis freight truck from one city and a BABO truck from another city(Do they still call it BABO?). With strictly overnight freight they might be able to run all our freight through Memphis, eliminating a truck, possibly eliminating BABO operations all together at various ramps. Another big savings besides reducing courier hours. With the consolidation of stations in some cities recently they must've eliminated some RTD runs. So it looks pretty attractive to reduce Express. But if the company doesn't want to do layoffs and would have to shell out a huge amount of money if they did in unemployment claims, and would have to carry many expensive employees for years if they don't, wouldn't surprise me if they offered a targeted buyout to older employees. Maybe offer to buyout X number of employees based on seniority. Not so much paid out that it's not worth their while, but enough to clear out a bunch who were sitting on the fence about whether to retire of not.</p></blockquote><p></p>
[QUOTE="vantexan, post: 862646, member: 24302"] Can you answer a previous question of mine? Will FedEx be on the hook for paying unemployment if they lay off employees? With a guaranteed 35hr week if they go to strictly overnight for Express then most likely many FTer's are going to get an hour or 2 of guaranteed pay here and there. I'm betting that many topped out couriers eligible to retire will opt to stay on if they're only working 35-37 hrs a week. More income than their pension, cheaper healthcare than the retiree plan, and shorter days. I bet many of them hold out until their SS kicks in. There are other factors that favor going to strictly overnight. My station gets a Memphis freight truck from one city and a BABO truck from another city(Do they still call it BABO?). With strictly overnight freight they might be able to run all our freight through Memphis, eliminating a truck, possibly eliminating BABO operations all together at various ramps. Another big savings besides reducing courier hours. With the consolidation of stations in some cities recently they must've eliminated some RTD runs. So it looks pretty attractive to reduce Express. But if the company doesn't want to do layoffs and would have to shell out a huge amount of money if they did in unemployment claims, and would have to carry many expensive employees for years if they don't, wouldn't surprise me if they offered a targeted buyout to older employees. Maybe offer to buyout X number of employees based on seniority. Not so much paid out that it's not worth their while, but enough to clear out a bunch who were sitting on the fence about whether to retire of not. [/QUOTE]
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