Topics regarding layoffs at FedEx Corp.

Topics regarding layoffs at FedEx Corp.

Thinking about leaving?

No work-life balance here. I've became a bitter and tired old man. If I had any other option, I would leave immediately because this company is literally draining people. I believe that most employees are still here only for the reason that they have... —  read more 

It's time to leave

Nothing good can come out of this. They might not be mentioning layoffs other than for the closing stores yet, but I'm guaranteeing you it's coming. Not to mention, they'll cut our hours but they'll still expect us to do the same amount of work in... —  read more 

FedEx boss warns of a 'worldwide recession' and outlines plans to close stores, freeze hiring, trim hours, and park planes to cut costs

FedEx's CEO said he thought the world was heading into a recession. The company reported disappointing earnings, blaming reduced package demand and economic conditions. FedEx plans to cut costs by reducing flights, closing 90 retail stores... —  read more 

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Post ID:  @OP+1iLiuLRP

Welcome Vena to the Board

FedEX added Jim Vena to their board. He and his cronies trashed Union Pacific Railroad a few years ago. He cut everything to the bone leaving the company with very little resources to recover from any sort of service disruption. He proudly cut the... —  read more 

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Post ID:  @OP+1iKISW2M

Mainframe Layoffs in Memphis

I was there a few years ago and saw what FedEx did to over 100 dedicated technical systems programmers who worked on the IBM mainframe. Many had over 20 years of service. They called them into an office, told them that they were fired, a security... —  read more 

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Post ID:  @OP+1bbZQP7d

FedEx the bully

Is it customary for FedEx to deny benefits when you are injured on the job? Or when THEIR doctor recommends surgery for a very painful spine injury which is needed ASAP? So they ignore any communication from doctors and lawyers because they don’t... —  read more 

Are we next?

How long before the layoffs hit our side of the pond? I know things are going good right now, but with the vaccine things will probably start to return to normal soon and the boost we received will dissipate. That's probably why we didn't provide an... —  read more 

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Post ID:  @OP+191i3uey

Europe is about to get hit hard

Mostly TNT Express people will be affected but it's possible it will not be limited in scope. 6,300 people is not a small number, so anything could happen. From what I understand this was in plans even before the pandemic, so I doubt people will be... —  read more 

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Post ID:  @OP+190D5Edr

fedex smartpost closing imminent

With the recent announcement of the massive gutting of our insurance plans, termination of domestic partnership/civil union coverage, and tanking stocks...the announcement of fedex smartpost closing nationwide could be anyday. We are just waiting... —  read more 

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Post ID:  @OP+117SvIl7

More layoffs to come

FedEx is going to lay off employees in cross border division, they are trying to keep it a secret and going to do it before the new fiscal year June 2019 - so they do not have to pay out employees earned vacation. There likely will be more layoffs at... —  read more 

FedEx / Frequent Buyouts

I was with Fedex for a very long time, they offer this every few years because they had a no lay off policy. I chose to take the buyout and they gave me a beautiful severance package. Couldn’t have made a better move, even though I loved working for... —  read more 

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Post ID:  @OP+XhFq60t

Their purpose is plain and out front.. to reduce long term head count and replace with younger less expensive employees.

Older employees cost more in benefits and base. you can sign off on it and ask to take it but are not guaranteed to get it, if you are critical or outside their target audience. Offshore is temporary, and is being replaced by moving to public clouds... —  read more 

Buyout offer

Four weeks of gross base pay for every year worked (needs to be continuous) at Fedex... When you add all weeks up it cannot exceed two years. I think you max out on the buyout if you have more than 26 years of service with FedEx (26 years x 4 weeks =... —  read more 

Yes, no, yes, no...

OMG, so much drama. For the folks that are not with the company any more, rest assured, the news about the buyouts are true but it's unlikely there will be a cut following it. If you remember, we had a buyout offered in 2012 and i think 1,500 people... —  read more 

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