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<blockquote data-quote="vantexan" data-source="post: 5568489" data-attributes="member: 24302">No one probably wants to hear this, but have you considered this may be about more than just greed?&nbsp; When Ground came fully online what did the company do?&nbsp; They downsized a lot of Express routes to Sprinters.&nbsp; Market conditions had changed and they sent a lot of bulk to Ground to meet those conditions.&nbsp; A lot of Express freight didn&#039;t need to be delivered in 1-3 days and shippers wanted a lower cost solution.Now look what is happening in the economy.&nbsp; There are starting to be a lot of layoffs by major companies.&nbsp; Amazon is laying off people.&nbsp; This is no shock to economists who&#039;ve been warning that the conditions for a serious recession, and possibly something bigger than the Great Depression, are coming together.&nbsp; All these companies are aware of this and are starting to restructure for a very challenging environment that may last for a very long time.&nbsp; Possibly a decade.&nbsp; FedEx is no different.&nbsp; If we are hammered economically they aren&#039;t going to fly half empty jets and carry a full workforce because they&#039;ve never laid off in the past.&nbsp; They are structuring the company to run as economically as possible to still be viable and make a profit.&nbsp; And most importantly survive.&nbsp; It absolutely sucks for people looking for lifetime employment.&nbsp; But this is the harsh reality.&nbsp; During the Great Depression we had 25% unemployment.&nbsp;&nbsp; A lot of businesses failed.&nbsp; We&#039;ve gotten used to easy credit and running on debt.&nbsp; There are economic principles that haven&#039;t changed and now those principles are coming home to roost.&nbsp; The people who run these companies are aware of all of this.&nbsp; What we are told upfront is a fraction of what is discussed behind the scenes.&nbsp; They are, and have been, planning for something big.&nbsp; How big remains to be seen, but we&#039;ve recently gone through a version of the Roaring 20&#039;s.&nbsp; If you&#039;re familiar with the 1920&#039;s you know how that ended.&nbsp; Good luck to all of us.&nbsp; I depend very much on a small pension.&nbsp; I hope there&#039;s no collapse so severe that my pension disappears.&nbsp; I hope all of you find something decent very soon if you&#039;re Iaid off.&nbsp; I truly hope we don&#039;t end up in a war with China because without the economic activity to sustain them they might start attacking our allies.&nbsp; WWII pretty much got us out of the Great Depression.&nbsp; But this time there&#039;s nukes.</blockquote>

[QUOTE="vantexan, post: 5568489, member: 24302"] No one probably wants to hear this, but have you considered this may be about more than just greed? When Ground came fully online what did the company do? They downsized a lot of Express routes to Sprinters. Market conditions had changed and they sent a lot of bulk to Ground to meet those conditions. A lot of Express freight didn't need to be delivered in 1-3 days and shippers wanted a lower cost solution. Now look what is happening in the economy. There are starting to be a lot of layoffs by major companies. Amazon is laying off people. This is no shock to economists who've been warning that the conditions for a serious recession, and possibly something bigger than the Great Depression, are coming together. All these companies are aware of this and are starting to restructure for a very challenging environment that may last for a very long time. Possibly a decade. FedEx is no different. If we are hammered economically they aren't going to fly half empty jets and carry a full workforce because they've never laid off in the past. They are structuring the company to run as economically as possible to still be viable and make a profit. And most importantly survive. It absolutely sucks for people looking for lifetime employment. But this is the harsh reality. During the Great Depression we had 25% unemployment. A lot of businesses failed. We've gotten used to easy credit and running on debt. There are economic principles that haven't changed and now those principles are coming home to roost. The people who run these companies are aware of all of this. What we are told upfront is a fraction of what is discussed behind the scenes. They are, and have been, planning for something big. How big remains to be seen, but we've recently gone through a version of the Roaring 20's. If you're familiar with the 1920's you know how that ended. Good luck to all of us. I depend very much on a small pension. I hope there's no collapse so severe that my pension disappears. I hope all of you find something decent very soon if you're Iaid off. I truly hope we don't end up in a war with China because without the economic activity to sustain them they might start attacking our allies. WWII pretty much got us out of the Great Depression. But this time there's nukes. [/QUOTE]

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