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 took it and we were fine, no layoffs followed. So, if you do not believe it do not jump to 'fake news' conclusion immediately - ask around and you will hear the truth.
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Back in 2009 Smith took a 20 percent salary reduction in order to help with the financial recovery of FedEx. Who's taking pay cuts now?
They can offer buyouts of people who no longer work there but are still invested in retirement. It’s not always about lay off’s. They have in the past offered buyouts to certain people employed there but it wasn’t forced.
Where's drama? I do not see anyone freaking out - we are still hiring today!