(03-29-2019 04:09 PM)Bathtub Gin Wrote:  

(03-28-2019 01:14 PM)TigerTim Wrote:  If the rumors are true there is going to be more cuts coming at FedEx which will definitely effect the Memphis economy.

I have not heard of such rumors

The rumors are there. But right now, they're still rumors. Will depend upon how many take the voluntary severance packages.

But one thing is certain. FedEx takes staffing cuts as seriously and conservatively as any public company out there.

(04-01-2019 02:53 PM)Tiger87 Wrote:  

(03-29-2019 04:09 PM)Bathtub Gin Wrote:  

(03-28-2019 01:14 PM)TigerTim Wrote:  If the rumors are true there is going to be more cuts coming at FedEx which will definitely effect the Memphis economy.

I have not heard of such rumors

The rumors are there. But right now, they're still rumors. Will depend upon how many take the voluntary severance packages.

But one thing is certain. FedEx takes staffing cuts as seriously and conservatively as any public company out there.

i took it in 2013, not looking back

i know several who are wanting the package this time,
hope they all get it, should know soon

(03-21-2019 01:13 PM)lifelongtiger Wrote:  

(03-21-2019 12:44 PM)BIGDTiger Wrote:  

(03-21-2019 09:43 AM)UofMTigerTim Wrote:  

(03-21-2019 09:37 AM)MemTiger90 Wrote:  Amazon doing their own shipping now hurts

Amazon is not even 2% of FEDEX business.

This has more to do with China and the TNT acquisition than anything.

When Amazon starts using its transportation network to ship non amazon products. It will hurt. Also. Amazon may be less than 2% of fedex’s business. But the residual effect is that amazon is taking business away from fedex’s biggest customers. Like lands end, ll bean, hp, dell....etc...etc..so on and so forth. So the statement that Amazon only represents 2% of FedEx business is accurate, but FedEx is losing a whole lot of business from all of the residuals. Also, many of Fedex’s long-standing customers have switched to the Amazon transportation network already.

FedEx Better change or they will be heavily affected over the next decade. Companies that refuse to change and accept that their competition is kicking their butt will go the way of circuit city, RadioShack, blockbuster, toys are us, Payless shoe store etc. etc. so on and so forth.

Please expand on which long-standing customers have already switched. I have not read or seen anything that states this or provides enough detail to make this statement. So I'm curious.

One search on your amazon app will show you. Just take Lands End and LLbean. I used to manage a fexex station. Sometimes, especially during the holidays, those 2 alone would be 10% of what came through my station. They have cried uncle. They are all over amazon. Meaning they aren’t sending as much through the fedex network. But amazons instead. Then using the usps. So once again thy statement that amazon is only 2% of fedexs business is correct. But how many no longer use fedex due to amazon? It’s a lot.

(04-02-2019 06:36 PM)Unionman76 Wrote:  

(04-01-2019 02:53 PM)Tiger87 Wrote:  

(03-29-2019 04:09 PM)Bathtub Gin Wrote:  

(03-28-2019 01:14 PM)TigerTim Wrote:  If the rumors are true there is going to be more cuts coming at FedEx which will definitely effect the Memphis economy.

I have not heard of such rumors

The rumors are there. But right now, they're still rumors. Will depend upon how many take the voluntary severance packages.

But one thing is certain. FedEx takes staffing cuts as seriously and conservatively as any public company out there.

i took it in 2013, not looking back

i know several who are wanting the package this time,
hope they all get it, should know soon

yesterday was notification day for the package

some got it , some did not

wish i had better news

I could tell stories about wasting, and stealing, money from FedEx it would make Uncle Fred pissed off.

The things I witnessed in my 6 years there were completely unconscionable