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FedEx Discussions
Will Layoffs Signal The End Of P-S-P?
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<blockquote data-quote="MrFedEx" data-source="post: 419709" data-attributes="member: 12508"><p>While FedEx has never had an official "No-Layoff" policy, it has been an essential part of the company's P-S-P philosophy. In my humble opinion, layoffs are on the way after peak this year, and I'm wondering how management is going to explain it away <em>without</em> violating the sacred P-S-P, which is still the mantra of most corporate communications. Those of us who have been around a while know that P-S-P really should be P-P-P (Profit-Profit-Profit), but the company has tied itself so tightly to it, how can they abandon it without looking even worse than they already do to the rank and file?</p></blockquote><p></p>
[QUOTE="MrFedEx, post: 419709, member: 12508"] While FedEx has never had an official "No-Layoff" policy, it has been an essential part of the company's P-S-P philosophy. In my humble opinion, layoffs are on the way after peak this year, and I'm wondering how management is going to explain it away [I]without[/I] violating the sacred P-S-P, which is still the mantra of most corporate communications. Those of us who have been around a while know that P-S-P really should be P-P-P (Profit-Profit-Profit), but the company has tied itself so tightly to it, how can they abandon it without looking even worse than they already do to the rank and file? [/QUOTE]
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