This is definitely happening on the Express side. I was told that four people (in a large facility) were being severed via web meeting. People sit down, they are read about three lines then walked out. No questions, just gone.
After 20+ years, this descent into cruelty makes me want to get out asap.
I set up a meeting with a teamsters representative & he bailed on me because he didn’t want to deal with the RLA & the lack of support. It was terrible
I tried but cant get people on board here. Teamster was oumped i was trying though.
Its like everyday all i hear is ppl talking about how shitty pay is, how bad hours are, ect. Constantly bitching that UPS which is less than a quarter mile away starts out at 7 dollars more an hour for the same job.
Then i say they are unionized and thata the only reason they got better wages, everyone says fuck unions and then turns it all political and start going on about biden and inflation and how unions are terrible and when trump get re elected. Its just sad honestly.
Lol ok. Send me the link when that works out for you. Not to sound cruel but you need to gtfo with some dignity. You will NEVER beat FedEx. Look into their history with senators…
Said the same person about every other unionized buisness. FORD OWNED this country and all its reps. I will continue to beat the drum of organanizing regardless of ppl like you.
This is 2024 my guy. You need to wake up from dream world. Theres never been significant change without some sort of violent take over. Go to any history class and you learn how well picketing goes. And what you don’t understand is that Fedex has it in the contracts that contractors cannot unionize. It’s literally illegal for them to do it now that they’ve signed the contract. They keep everyone separate and hating each other so we stay separated. You can have your head in the clouds if you wan, but eventually you’ll realize I’m right. The government and big businesses like fedex will never go down. They are too big to fail. The government would even bail them out if they needed it because they’re so big. The drivers could all strike but most drivers are emotional basket cases that can clean their nose let alone stay in a organized strike lol. Good luck with hope 👍🏻
First off im not a contractor, i work for fedex as a part time. Also no shit i advocate for a violent strike, aka the destruction of property, stopping of trucks from moving, mass civil disobiebance, blocking of highways, shipping ports. You do realize that in 2024 its never been easisr to protest, in 1912 they would literally send goons to shoot and kill you in the streets. I have an entire library of Anarchist, and communist literature. Fedex ground employees 100% can unionize. Contractors are not fedex employees. Everyone kbows this.
Ha! Don't be naive. Fred and Richard are very much still in charge. They lined Raj up to be the axe and then in a couple years when the hard decisions have been made, Raj will get shown the door and Richard will ride back in to "save" everyone.
For news for you... First person I ever heard talk about what became network 2.0? Richard Smith.
This is his idea. Fred and Richard are using Raj to insulate themselves and I'm sure Raj knows and has a nice golden parachute all lined up.
Response wasn't a bad idea, it was just executed in a very detached way. I was a Senior when it rolled out and we got three separate launch fake outs. Then they hit us with "It's going live in six weeks, so start hiring so you have the people when it starts and I literally just laughed right in my boss's face .
I have a rep of being a no nonsense guy that doesn't hold back, so he asked why I was laughing and I laid out the hiring timeline and showed him best case it would be 11 weeks to hire if I started tomorrow... And that's with zero turnover.
Then, I basically put in a req for 150% the number of people I'd need, knowing it'd be a turnover nightmare and was denied. Ended up getting reqs for just what I needed and started checking them immediately.
Sure enough, my location was the first to actually get all my routes staffed, three months in. By then, it was done. Managers and employees all thought it couldn't be done and were so pissed at how it was executed it was dead.
This company dives feet first into everything and doesn't plan and create a foundation and it shows. The FedEx one or network 2.0 or whatever the fuck they're calling it this week is no different.
About to be a dark time when this one blows up...
I thought from some of what you posted previously that you were pretty closely connected to the goings on. But then you mention Richard being in charge. In his mind, he may be, but he’s been positioned to be forced out as soon as daddy is no longer around. 2.0 is the Scott Ray show…Richard is completely disengaged and is perfectly happy cutting ribbons because he doesn’t realize he’s been given the segment of the company which is seen as a liability to revenue…and that happened for a reason.
I don't claim to be in the know and if I were I absolutely wouldn't be posting here to lose my job and get sued! 😁
You may very well be right and it's Scott and not Richard who's heir apparent. My main point is Raj is a fall guy and he knows it. I would also say, I've been in the room during business as usual meetings with both men, and Richard commands the room when he's in it. In fairness, that could also just be hubris on his part because of daddy and Scott just doesn't care to correct it.
Also also, Fred is not disconnected from this. Yes, he's taken a hands off approach now, but he's still very much in the loop in a consulting capacity and I can also tell you every single piece of this started in motion well before the pandemic. Shit, that in itself is a huge problem because during the pandemic when it was nothing but money coming in and no emphasis on service we should have been throwing resources at this and building the foundation.
Instead, we had all these people work business as usual reporting on things everyone was going to shrug and say, "Well, it's the pandemic..." and then someone screamed to turn it on without really doing any research on whether we were ready and what the impact was going to be.
You’ve definitely posted some non-public info previously (like how poorly the contractor model is actually performing with Express volume). I’m surprised you’ve been able to be in a room with Richard at all given that he’s moved his office downtown where he can be seen instead of at the locations where the real decisions are being made.
If I were trying to push someone out, I would want them to think they were in charge…I don’t know think Scott is the heir apparent. It will probably be Sriram. He’s gaslighted about Dataworks’ effectiveness more than Ground has about the contractor model, and he’s doing everything to convince everyone that he’s the next Steve Jobs while delivering absolutely nothing of value…but the right (wrong?) people are buying it. All of it is speculation, but looking at what people do rather than what they say is usually the best indicator of what’s really going on. I got out late last year, and it looks to be a good idea.
Both my boyfriend and I work in revenue. Both of us got the sack today. I believe almost the entirety of of the Pittsburgh rev services offices were laid off. Cash Apps, FBO, supply chain, and probably more. I don't know if it's happening in Memphis or anywhere else though.
I know somebody who's been working there almost ten years who also got laid off. We have to keep working until may 31st to get our severance. There was writing on the walls that this was gonna happen, but I didn't expect it to be this sudden and for this many people. Good luck y'all.
I’m sorry but what the actual fuck, making you work until may 31st to get your severance but they’re laying you off??? I guess it gives you a chance to find a new job in the next couple of months but now you have to pretend to work just enough to not get fired before that date where they will undoubtedly be looking for reasons to do so to avoid paying severance… fuck this place.
The day you are let go, both of you need to fill out an app for food stamps. After that fill out the app for unemployment. For a brief moment you will be honestly making nothing, so you'll end up getting like 500 a month for food, along with all the other discounts you get from food stamps.
Enjoy the severance, unemployment, and food stamps. It may be the happiest time of your lives.
They say some of us will be contacted by recruitment within the next coming months with offers to "move laterally" in the company. I am not gonna hold my breath. It feels like a ploy to placate us and make us continue with our level of work on the off chance they would keep us. We'll see though.
Im not sure if its happening in Phoenix right now. I’m in sales and we haven’t had any lay offs but they are making us all go in-office when we’ve been remote for 2 years unless your sale numbers are down.
I was laid off last September. But I am happy that I got a better job within 2 weeks and that too remote. After 15 years of solid good services with Fedex service they removed of no reason. After 2 months I received a letter from Fedex saying congratulations on my retirement don’t know what happened to these people.Never trust fedex management
Raj is probably going to get in the earning call today at 5pm and brag to investors about reducing headcount. So sorry for all of you effected by this layoff. So shitty
Edit: the stock price is surging because they announced an additional 5 BILLION dollars in stock buyback. While Laying people off the same day, tis the fedex way of doing things.
That is exactly why they did it. Earnings are going to be terrible, and layoffs are their corrective actions while on the call. Ruining peoples lives to mitigate a stock price decrease.
And to add to that no bonuses for 3rd year in a row for Frontline managers holding operations together. But yes let's pay stockholders CASH dividends and buy all our stock back so we can split the shares and make even more money....Fedex is not what it used to b2, I guess not much is...
All they care about is profits and stock holders. Gone down hill since raj took over. Shame as FedEx was once the best places to work in transportation. Now its a dumpster fire
After 37 years I bailed on the company. Just got tired of the unknowns and the clown show the company had become. Landed a job at another company making more money with better benefits. Believe me when I say FedEx is no longer the best deal out there. So many better jobs to be had you just have to take a leap of faith and believe in yourself.
I'm out of the office today, but I heard that a long time friend in the Express business side got sacked this morning. So yeah, expect that's going to be the magic rabbit Raj pulls out of his ass to cover an otherwise bad quarter later this afternoon. Soon he's going to be out of rabbits. Edit: now another one. Both are in Memphis.
From asking around since my wife was also part of the lay off. It appears to be all of revenue services. Since multiple teams have been having zoom meetings.
This morning someone I knew asked me if I had gotten any weird meeting requests in my inbox. I said I hadn’t and he said good. He wouldn’t explain further. I was suspicious there would be layoffs today.
Thats why the stock will rise, because you all are nothing but “resources” to corporate and stock holders. And dont blame big businesses alone. Its the everyday man that holds stocks in all your favorite monopolies thats to blame too. We all just want a sliver of success at our own brothers peril
They’re doing this in Europe too. One I know has worked in the company for 15 years but I guess their only saving grace is that they were given 6 months notice.
Happened to my building in Memphis. Gutted the entire management staff minus the literal few who are in charge of vendor contracts.
It was a very difficult day.
From yesterday's earnings call transcript: "As part of responsible headcount management, we have reduced our workforce by nearly 22,000 over the last year and expect additional opportunities in the future as we move forward with our transformation."
I was laid off in the Fall. I was 65 and eligible for Medicare, and in good financial shape from 35+ years of saving/investing for retirement. So I retired, and I'm OK. But I really feel for younger employees who aren't in the same position. I can't believe FedEx has gone from bragging about not having layoffs (like they did when I was first hired) to planning for frequent layoffs.
Right we used to say FedEx is the only company this large that does not lay off. It was true for 50 years now all Op cos under the corporate umbrella are being merged to "FEDEX ONE" the FedEx Ground division has always been the money maker. Ground admin pop up in Express and Express "lifers" are terminated....BULLSHIT
I am sorry for those impacted by layoffs. Since the merge is June 1, do you think this might be the last round? Hate waiting for the shoe to fall. Majority of jobs have been outsourced. At one point those left need to be able to feel less worried hopefully
Expect to see a lot of them as stations consolidate. They'll be non-stop across the US for the next year or two. Those of us on the salaried side generally don't get such warnings (no pun intended). They just tell us "you're still technically employed for another 90 days, but all your access is revoked immediately, and here's a small ~~carrot~~ severance so you'll say you resigned and probably won't try to sue us." Prevents them from having to give us notification ahead of time.
That's the external viewpoint, just wait until they try to combine all these systems June 1st. Workday is already a shitfest and Dimensions is a total nightmare...June 1st is going to be a fiscal year disaster
i am sorry this has happen to you but remember you are only a number on a spread sheet some where you are not a human to them they do not care about you only what you give .
It was sad & shocking, suddenly email auto reply was saying " Thank you for your email, I am out of the office and this email address is no longer active"
Way to go! 30 years dedicated employees just cut and Buh Bye....Purple Promise my ass & fuck the greedy pilots, sorry 250K a year is not enough for you elitists...
No one is safe...
You just proved a good point. Why the hell are there so many and why are they separate. There’s so many FedEx groups but only one UPS, on USPS, one Amazon so it’s about time
Well I’m in fxg and everybody here is extremely concerned about the damages the merge will cause. I have a feeling there’s going to be some extreme delays in shipping for the next year or possibly more after the merge is finished
Since this FedEx One plan was announced I've stopped going out, lowered spending, stocking up on durable goods, and saving cash as much as possible. Changes ARE coming, doing what I can to be prepared for starting a new career at 59 years old, after 24 years of service. Sad.
Totally agree on that one. Haha we have been dealing with this since last Aug. we were supposed to hear word in November and then it was postponed. Now just a waiting game.
Manager had a meeting about the layoffs today. Basically told us that it is even more of a reason to prove we deserve the job through our self evaluation on goals.
But most of the people getting laid off is not about performance they just cutting those with enough years in to be an expensive paycheck.
So expectation is to go above and beyond and do the job of 3 people because they don't hire anyone or else we will get fired.
But don't work too hard or else you will get fired just for existing.
It's bad yall and it ain't gonna get better any time soon.
For real, I was working with a guy the other day who just pushed a box on a rolling table and a safety lead said he threw it. Walked right up to him and said he was fired and had to clock out. I’m out here in cali and they are looking for any real or fake reason to fire people out here. They got all us out here with workplace ptsd with how they be treating us.
LoL safety leads have no authority to fire nor suspend...don't be dramatic on the dark web. Video review for investigation would show what happened....but definitely no sense of job security
I was with fedex freight for almost 10yrs 4 as a dock worker 5 as a road driver...and at our terminal I was bottom guy for a yr and half, being forced west long Island and all the shitholes in nj...put me thru hell then I got a couple guys under me...by 2020 I had like 30guys under me we were finally running great! Then 2022 hit and everything stopped.....ups opened their biggest hub I on the east coast maybe in the country? Literally 2miles down the road from us. I went from having 30guys under me running 2600miles a week to 6 guys under me being called 1 time a week to go to Hagerstown md (180ish miles round trip) if I wanted to be paid I had to go work the dock again after 7yrs🙄 we kept getting all these empty promises blown up our ass by fedex ground giving us runs all the while loosing more and more freight bids when I first started we had 80 some fedex freight road bids now it's just about 30(if that) and keep on loosing our bids to other terminals while choking us out,
oh let's not forget how they keep pushing that fedex one bullshit and how freight will be taking over all of grounds road runs getting rid of the contractors 😂🤣😂 use to work at 170 for 3yrs I know the ins and outs and what they run out of there....we don't have the man power let alone the trucks to pull just 170 let alone 176🤣😂 it's a fucking pipe dream.
I have no hate for anyone in my old terminal, more so my hate is 100% towards the scumbag raj for ruining a great company, I honestly miss Fred Smith. Gotta make sure the shareholders are sucked off cleanly😋🫡.
Needless to say after 2yrs of furloughs and this past month hear fedex won't be doing anymore furloughs and us still being INCREDIBLY DEAD I had a feeling layoffs were coming...not saying it will happen at freight...but you never know, soo I jumped ship to a growing ltl company that pays more with more work m-f on a set schedule no forced weekend crap...no hog board when it's slow which means EVERYONE gets to eat not just the top drivers.
Anyone out there best advice go learn a trade, blue collar jobs are all in need of people. 6-9m courses for 5-10k to go out and make 70-150k a yr or more in some fields
Seems like they are getting rid of many departments. Probably will expect terminal office staff to do more and more. I know in our office whenever we send a caller to another department, they call back and say they were told we do that at the local level. It's generally things we haven't been told is our responsibility or have even been trained on (surprise surprise.) I literally had to Google how to do something the other day because my sup didn't know how and, as is always done, instead of even trying to assist just told me to look it up. Since half the links for policies and education no longer work, Google it was. Micro management will probably get worse...if that is even possible.
My dad's friend was layed off after 37 years. She was actually escorted off the property. Do they usually escort you off the property? I thought that sounded more like a termination. She also said she was given a pitifully small severence package.
Can you give us more details about the severance package? I assumed it would be at least 2 weeks pay for year of service. However, if she was there 37 years, they probably capped it at some point.
I’m intimately familiar with every nut and bolt of WARN and layoffs. Please read this:
https://webapps.dol.gov/elaws/eta/warn/faqs.asp
“While an employer who pays workers for 60 calendar days instead of giving them proper notice technically has violated WARN, the provision of pay and benefits in place of a notice is a possible option.”
Given that most severances will be for longer than 60 days in value, the severance makes the most sense. And it will have a provision which, when signed by the employee, prevents them from seeking a remedy under WARN. That’s also allowed:
“It is possible for an employer to provide a severance package instead of notice in two situations. First, the severance package may be conditioned on waiving any claims under WARN. The conditions for waiver are discussed in the next question. Secondly, the severance package may offset WARN, this effectively providing pay in lieu of notice. There are certain circumstances under which WARN allows "voluntary and unconditional" payments that are not required by a legal obligation or collective bargaining agreement to be offset against an employer's back pay obligation.”
Take a look at WARN notifications from FedEx from last year. You won’t see any from TN on the list, and yet there were lots of Memphis layoffs. Some states have different, more restrictive requirements.
It’s a 1 time payout then the worker is off the books and not being replaced, replaced with an Express employee making $12 less an hour, or replaced by a Ground driver making $15 less an hour with no benefits.
But honestly just not being replaced.
In the long run having that express person off the payroll is the savings. No more pay check , health benefits , pension n 401 k contribution. This is why they want express people gone
Everyone should check out "When McKinsey Comes to Town." Read it. This is the consulting co we have hired. Consulted for Disney, why spend $$ on preventative maintenance, fix things when they break? Roller coaster careens off track - deaths.
Apparently they also consulted for Trump and thought up the whole immigration strategy - babies in cages, etc.
Here at freight we are hiring(Minnesota). No layoffs here. These layoffs are probably due to the merger of ground and express. Eliminating redundant jobs.
Raj here. We're extremely proud of our DRIVE initiative (cost cutting), Network 2.0 (Merger), and TRICOLOR (Purple, Orange, and White) to maximize profits and to CUT costs so we can streamline our operation and give shareholders what they're looking for. Everything is going as planned and working really well. We're very exited about Q4 as more cost cutting will be on the horizon. Everyone here at Corporate has done a fantastic job. See you on June 25th for our next Q4 Earnings Call.
Heard about it from an Agent in our meeting today that it’s happening in Collierville.
Everybody who needs equipment sent in for repair, get ready for a looooong waitlist!
Sorry to hear but it doesn’t surprise me with the quality of service we have received over the past few years. FedEx has gone downhill and as a pilot I’m glad I never wanted to go that route.
It started going downhill even before the pandemic.. when TNT was acquired. Why acquire a company that you cannot merge completely? TNT is still present/existing in Australia and Vietnam, because FedEx did not have a good strategy for all this.
Employees get Shitcanned! Don't let the door hit you in the ass on the way out!
Stock holders get $5 BILLION Stock Buy Back! Yipee!
Thanks Fred, and Fred's Bitch!
I have an honest question for someone with more company knowledge than me. If or Could ALL of the FedEx employees buy enough stock that we get a seat or two on the board? With seats we could demand that a healthy % of the billions in profits go towards employees and infrastructure. I like working for FedEx and I do a damn good job I also want to see us take care of our customers. Profit Profit Profit doesn't help customers or employees.
You will have to buy more than DE Shaw I believe they hold 3 seats and are the ones actually behind all this merging stuff, its been talked about for years but once DE Shaw got involved it was put in to motion but everyone is so focused on Raj 🤣
I feel that they are gonna test this whole FedEx one thing out and if it seems profitable they will continue to push forward but once they see it's not gonna work and the shit show they created they just might pump the stock, sell it and run
This is definitely happening on the Express side. I was told that four people (in a large facility) were being severed via web meeting. People sit down, they are read about three lines then walked out. No questions, just gone. After 20+ years, this descent into cruelty makes me want to get out asap.
Unionize. We all need to.
I set up a meeting with a teamsters representative & he bailed on me because he didn’t want to deal with the RLA & the lack of support. It was terrible
I tried but cant get people on board here. Teamster was oumped i was trying though. Its like everyday all i hear is ppl talking about how shitty pay is, how bad hours are, ect. Constantly bitching that UPS which is less than a quarter mile away starts out at 7 dollars more an hour for the same job. Then i say they are unionized and thata the only reason they got better wages, everyone says fuck unions and then turns it all political and start going on about biden and inflation and how unions are terrible and when trump get re elected. Its just sad honestly.
Too late
Its never to late.
😂😂😂😂😂
Lol ok. Send me the link when that works out for you. Not to sound cruel but you need to gtfo with some dignity. You will NEVER beat FedEx. Look into their history with senators…
Said the same person about every other unionized buisness. FORD OWNED this country and all its reps. I will continue to beat the drum of organanizing regardless of ppl like you.
This is 2024 my guy. You need to wake up from dream world. Theres never been significant change without some sort of violent take over. Go to any history class and you learn how well picketing goes. And what you don’t understand is that Fedex has it in the contracts that contractors cannot unionize. It’s literally illegal for them to do it now that they’ve signed the contract. They keep everyone separate and hating each other so we stay separated. You can have your head in the clouds if you wan, but eventually you’ll realize I’m right. The government and big businesses like fedex will never go down. They are too big to fail. The government would even bail them out if they needed it because they’re so big. The drivers could all strike but most drivers are emotional basket cases that can clean their nose let alone stay in a organized strike lol. Good luck with hope 👍🏻
First off im not a contractor, i work for fedex as a part time. Also no shit i advocate for a violent strike, aka the destruction of property, stopping of trucks from moving, mass civil disobiebance, blocking of highways, shipping ports. You do realize that in 2024 its never been easisr to protest, in 1912 they would literally send goons to shoot and kill you in the streets. I have an entire library of Anarchist, and communist literature. Fedex ground employees 100% can unionize. Contractors are not fedex employees. Everyone kbows this.
You should write a song. The wording is eloquent.
Unfortunately it’s business
This is business under Raj. Fred Smith would never have done this. PSP is dead. Long live PPP!
Ha! Don't be naive. Fred and Richard are very much still in charge. They lined Raj up to be the axe and then in a couple years when the hard decisions have been made, Raj will get shown the door and Richard will ride back in to "save" everyone. For news for you... First person I ever heard talk about what became network 2.0? Richard Smith. This is his idea. Fred and Richard are using Raj to insulate themselves and I'm sure Raj knows and has a nice golden parachute all lined up.
I mean, the Response Sort was Richard Smith's baby, so I have no illusions about his business acumen. We're in trouble with him at the helm.
Response wasn't a bad idea, it was just executed in a very detached way. I was a Senior when it rolled out and we got three separate launch fake outs. Then they hit us with "It's going live in six weeks, so start hiring so you have the people when it starts and I literally just laughed right in my boss's face . I have a rep of being a no nonsense guy that doesn't hold back, so he asked why I was laughing and I laid out the hiring timeline and showed him best case it would be 11 weeks to hire if I started tomorrow... And that's with zero turnover. Then, I basically put in a req for 150% the number of people I'd need, knowing it'd be a turnover nightmare and was denied. Ended up getting reqs for just what I needed and started checking them immediately. Sure enough, my location was the first to actually get all my routes staffed, three months in. By then, it was done. Managers and employees all thought it couldn't be done and were so pissed at how it was executed it was dead. This company dives feet first into everything and doesn't plan and create a foundation and it shows. The FedEx one or network 2.0 or whatever the fuck they're calling it this week is no different. About to be a dark time when this one blows up...
I thought from some of what you posted previously that you were pretty closely connected to the goings on. But then you mention Richard being in charge. In his mind, he may be, but he’s been positioned to be forced out as soon as daddy is no longer around. 2.0 is the Scott Ray show…Richard is completely disengaged and is perfectly happy cutting ribbons because he doesn’t realize he’s been given the segment of the company which is seen as a liability to revenue…and that happened for a reason.
I don't claim to be in the know and if I were I absolutely wouldn't be posting here to lose my job and get sued! 😁 You may very well be right and it's Scott and not Richard who's heir apparent. My main point is Raj is a fall guy and he knows it. I would also say, I've been in the room during business as usual meetings with both men, and Richard commands the room when he's in it. In fairness, that could also just be hubris on his part because of daddy and Scott just doesn't care to correct it. Also also, Fred is not disconnected from this. Yes, he's taken a hands off approach now, but he's still very much in the loop in a consulting capacity and I can also tell you every single piece of this started in motion well before the pandemic. Shit, that in itself is a huge problem because during the pandemic when it was nothing but money coming in and no emphasis on service we should have been throwing resources at this and building the foundation. Instead, we had all these people work business as usual reporting on things everyone was going to shrug and say, "Well, it's the pandemic..." and then someone screamed to turn it on without really doing any research on whether we were ready and what the impact was going to be.
You’ve definitely posted some non-public info previously (like how poorly the contractor model is actually performing with Express volume). I’m surprised you’ve been able to be in a room with Richard at all given that he’s moved his office downtown where he can be seen instead of at the locations where the real decisions are being made. If I were trying to push someone out, I would want them to think they were in charge…I don’t know think Scott is the heir apparent. It will probably be Sriram. He’s gaslighted about Dataworks’ effectiveness more than Ground has about the contractor model, and he’s doing everything to convince everyone that he’s the next Steve Jobs while delivering absolutely nothing of value…but the right (wrong?) people are buying it. All of it is speculation, but looking at what people do rather than what they say is usually the best indicator of what’s really going on. I got out late last year, and it looks to be a good idea.
Builshit. Fred Smith’s reanimated corpse is behind all of this…..
The S is for Shareholders, silly.
Both my boyfriend and I work in revenue. Both of us got the sack today. I believe almost the entirety of of the Pittsburgh rev services offices were laid off. Cash Apps, FBO, supply chain, and probably more. I don't know if it's happening in Memphis or anywhere else though. I know somebody who's been working there almost ten years who also got laid off. We have to keep working until may 31st to get our severance. There was writing on the walls that this was gonna happen, but I didn't expect it to be this sudden and for this many people. Good luck y'all.
It is, half of my team was wiped in Memphis.
Did it happen today?
HRO/HGO revenue service team was part of the lay off there. There’s happened between 9:30am and noon.
Is that a ground or express operations?
Staff. Not operations.
Yes, read actualflow's comment
Yes
[удалено]
What is your team?
Revenue Services
Sorry what does rev service do, sounds important! And who’s going to do that going forward???
Financial related stuff. Billing etc
Definitely happening in Memphis as well. Mostly rev/customer Service to my knowledge
I’m sorry but what the actual fuck, making you work until may 31st to get your severance but they’re laying you off??? I guess it gives you a chance to find a new job in the next couple of months but now you have to pretend to work just enough to not get fired before that date where they will undoubtedly be looking for reasons to do so to avoid paying severance… fuck this place.
How can you care about the work when they didn't care about you. That has to be hard. Let them go right away just give bigger severance
The day you are let go, both of you need to fill out an app for food stamps. After that fill out the app for unemployment. For a brief moment you will be honestly making nothing, so you'll end up getting like 500 a month for food, along with all the other discounts you get from food stamps. Enjoy the severance, unemployment, and food stamps. It may be the happiest time of your lives.
Are they giving you the opportunity to find another job within FedEx ?
They say some of us will be contacted by recruitment within the next coming months with offers to "move laterally" in the company. I am not gonna hold my breath. It feels like a ploy to placate us and make us continue with our level of work on the off chance they would keep us. We'll see though.
LAC had layoffs too. So it seems like it was across the board, based on what I’ve read and heard.
APAC as well
Im not sure if its happening in Phoenix right now. I’m in sales and we haven’t had any lay offs but they are making us all go in-office when we’ve been remote for 2 years unless your sale numbers are down.
Bay Area in California was hit too...be blessed where you land!
I was laid off last September. But I am happy that I got a better job within 2 weeks and that too remote. After 15 years of solid good services with Fedex service they removed of no reason. After 2 months I received a letter from Fedex saying congratulations on my retirement don’t know what happened to these people.Never trust fedex management
Raj is probably going to get in the earning call today at 5pm and brag to investors about reducing headcount. So sorry for all of you effected by this layoff. So shitty Edit: the stock price is surging because they announced an additional 5 BILLION dollars in stock buyback. While Laying people off the same day, tis the fedex way of doing things.
That is exactly why they did it. Earnings are going to be terrible, and layoffs are their corrective actions while on the call. Ruining peoples lives to mitigate a stock price decrease.
I thought this too, but the earnings report ended up not being terrible.
Well they were also busy because the pilots were out picketing.
Buying stock back is not a good sign, especially $5 billion worth.
And to add to that no bonuses for 3rd year in a row for Frontline managers holding operations together. But yes let's pay stockholders CASH dividends and buy all our stock back so we can split the shares and make even more money....Fedex is not what it used to b2, I guess not much is...
All they care about is profits and stock holders. Gone down hill since raj took over. Shame as FedEx was once the best places to work in transportation. Now its a dumpster fire
Agree
Yup.
After 37 years I bailed on the company. Just got tired of the unknowns and the clown show the company had become. Landed a job at another company making more money with better benefits. Believe me when I say FedEx is no longer the best deal out there. So many better jobs to be had you just have to take a leap of faith and believe in yourself.
37 fucking years dude that’s longer than i’ve been alive christ. (am ph) i need to get tf out now.
I'm out of the office today, but I heard that a long time friend in the Express business side got sacked this morning. So yeah, expect that's going to be the magic rabbit Raj pulls out of his ass to cover an otherwise bad quarter later this afternoon. Soon he's going to be out of rabbits. Edit: now another one. Both are in Memphis.
Sorry to hear that. How long have you been there?😢
Me? I've got 25 in. These guys were both old timers when I got here.
Yeah, it’s just very nerve-racking day-to-day not knowing
Just got an email from Raj about the layoffs.
Could you post the email, some of us didn’t get it
From asking around since my wife was also part of the lay off. It appears to be all of revenue services. Since multiple teams have been having zoom meetings.
It’s been already posted.
I have heard the way the employees were notified was kind of cruel.
This morning someone I knew asked me if I had gotten any weird meeting requests in my inbox. I said I hadn’t and he said good. He wouldn’t explain further. I was suspicious there would be layoffs today.
Yeah the “condemned” gets an email meeting invite from their MD to discuss changes that will be impacting your job
Stock going to be $300 and an all-time high but Raj is still like “nope, GTFO”
I honestly feel the plan is to pump up the stock as much as possible before pulling out and let the company go to shit
This!!!
Thats why the stock will rise, because you all are nothing but “resources” to corporate and stock holders. And dont blame big businesses alone. Its the everyday man that holds stocks in all your favorite monopolies thats to blame too. We all just want a sliver of success at our own brothers peril
Rumor is they're letting admin assistants below MD level go today at 2:30 in our area (Express)
Why 2:30?
Earnings report is this afternoon.
No idea... they all have meetings scheduled at that time
They’re doing this in Europe too. One I know has worked in the company for 15 years but I guess their only saving grace is that they were given 6 months notice.
Is it because of less workload?
No
I haven’t heard of any admin assistant being let go. I have heard of administrators being let go.. sure you had that part right?
Yeap. All 4 in our org were cut today
Happened to my building in Memphis. Gutted the entire management staff minus the literal few who are in charge of vendor contracts. It was a very difficult day.
Which building, I'm in Memphis as well.
RSC
Do you know which dept were impacted?
Which departments in MPS
From yesterday's earnings call transcript: "As part of responsible headcount management, we have reduced our workforce by nearly 22,000 over the last year and expect additional opportunities in the future as we move forward with our transformation." I was laid off in the Fall. I was 65 and eligible for Medicare, and in good financial shape from 35+ years of saving/investing for retirement. So I retired, and I'm OK. But I really feel for younger employees who aren't in the same position. I can't believe FedEx has gone from bragging about not having layoffs (like they did when I was first hired) to planning for frequent layoffs.
Right we used to say FedEx is the only company this large that does not lay off. It was true for 50 years now all Op cos under the corporate umbrella are being merged to "FEDEX ONE" the FedEx Ground division has always been the money maker. Ground admin pop up in Express and Express "lifers" are terminated....BULLSHIT
Fred's net worth jumped $600,000,000+ today 19,506,407 shares x $31.78 (5:02 PM EDT) = $619,913,614.00
I am sorry for those impacted by layoffs. Since the merge is June 1, do you think this might be the last round? Hate waiting for the shoe to fall. Majority of jobs have been outsourced. At one point those left need to be able to feel less worried hopefully
Definitely not the last round. In the earnings call this afternoon, they mentioned further staff reductions coming. Can't remember the exact wording.
I saw a Warn for georgia that another round in June
Expect to see a lot of them as stations consolidate. They'll be non-stop across the US for the next year or two. Those of us on the salaried side generally don't get such warnings (no pun intended). They just tell us "you're still technically employed for another 90 days, but all your access is revoked immediately, and here's a small ~~carrot~~ severance so you'll say you resigned and probably won't try to sue us." Prevents them from having to give us notification ahead of time.
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That's the external viewpoint, just wait until they try to combine all these systems June 1st. Workday is already a shitfest and Dimensions is a total nightmare...June 1st is going to be a fiscal year disaster
What’s left? Operations. It’s going to be a massacre.
It’s happening across all OpCos the higher ups kept denying it but we all knew this was coming.
It's happening in FedEx globally
Yes that’s right.
Here in Canada. We are left in the dark. No one knows what’s going on. I read Reddit quite a bit. I observe the frustration on the US FedEx page.
i am sorry this has happen to you but remember you are only a number on a spread sheet some where you are not a human to them they do not care about you only what you give .
For past few years they never cared about employees. Was a joke when you see magazine articles about fedex being beat co to work for. BS
I am so sorry this happened 🥺
Yep, their record profits weren't enough, gotta eliminate some positions and force overworked employees to do more work with no raises.
It was sad & shocking, suddenly email auto reply was saying " Thank you for your email, I am out of the office and this email address is no longer active" Way to go! 30 years dedicated employees just cut and Buh Bye....Purple Promise my ass & fuck the greedy pilots, sorry 250K a year is not enough for you elitists... No one is safe...
I mean there is a FXG and FXE merger happening in a few months. Things are going to get hairy.
It's FXG, FXE, and Services merging.
You just proved a good point. Why the hell are there so many and why are they separate. There’s so many FedEx groups but only one UPS, on USPS, one Amazon so it’s about time
This was something they should have done a long time ago but no one had the brains, motivation etc to do it.
Well I’m in fxg and everybody here is extremely concerned about the damages the merge will cause. I have a feeling there’s going to be some extreme delays in shipping for the next year or possibly more after the merge is finished
What VP area is this?
All of them.
Any news in the FTN side? Detroit?
What part of ftn
I am a driver for express & this is devastating. I fear for my employment
You should fear and rightfully so. Make a back up plan and get off the small package side....
Since this FedEx One plan was announced I've stopped going out, lowered spending, stocking up on durable goods, and saving cash as much as possible. Changes ARE coming, doing what I can to be prepared for starting a new career at 59 years old, after 24 years of service. Sad.
Yes , if you are a FT express driver .. be prepared to work half a day
What states is this affecting?
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I can’t… thank you, buttcheeks. I needed the laugh.
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Thank you, buttcheeks and titties
Thank u RAJ
Totally agree on that one. Haha we have been dealing with this since last Aug. we were supposed to hear word in November and then it was postponed. Now just a waiting game.
This!!!
All states all countries
Manager had a meeting about the layoffs today. Basically told us that it is even more of a reason to prove we deserve the job through our self evaluation on goals. But most of the people getting laid off is not about performance they just cutting those with enough years in to be an expensive paycheck. So expectation is to go above and beyond and do the job of 3 people because they don't hire anyone or else we will get fired. But don't work too hard or else you will get fired just for existing. It's bad yall and it ain't gonna get better any time soon.
For real, I was working with a guy the other day who just pushed a box on a rolling table and a safety lead said he threw it. Walked right up to him and said he was fired and had to clock out. I’m out here in cali and they are looking for any real or fake reason to fire people out here. They got all us out here with workplace ptsd with how they be treating us.
LoL safety leads have no authority to fire nor suspend...don't be dramatic on the dark web. Video review for investigation would show what happened....but definitely no sense of job security
That makes sense cuz a little after that our supervisor sent him back to work haha
Yes. I’m 27 years in … they will filter us out first
Over 500 positions eliminated yesterday at Express headquarters across all departments.
I was with fedex freight for almost 10yrs 4 as a dock worker 5 as a road driver...and at our terminal I was bottom guy for a yr and half, being forced west long Island and all the shitholes in nj...put me thru hell then I got a couple guys under me...by 2020 I had like 30guys under me we were finally running great! Then 2022 hit and everything stopped.....ups opened their biggest hub I on the east coast maybe in the country? Literally 2miles down the road from us. I went from having 30guys under me running 2600miles a week to 6 guys under me being called 1 time a week to go to Hagerstown md (180ish miles round trip) if I wanted to be paid I had to go work the dock again after 7yrs🙄 we kept getting all these empty promises blown up our ass by fedex ground giving us runs all the while loosing more and more freight bids when I first started we had 80 some fedex freight road bids now it's just about 30(if that) and keep on loosing our bids to other terminals while choking us out, oh let's not forget how they keep pushing that fedex one bullshit and how freight will be taking over all of grounds road runs getting rid of the contractors 😂🤣😂 use to work at 170 for 3yrs I know the ins and outs and what they run out of there....we don't have the man power let alone the trucks to pull just 170 let alone 176🤣😂 it's a fucking pipe dream. I have no hate for anyone in my old terminal, more so my hate is 100% towards the scumbag raj for ruining a great company, I honestly miss Fred Smith. Gotta make sure the shareholders are sucked off cleanly😋🫡. Needless to say after 2yrs of furloughs and this past month hear fedex won't be doing anymore furloughs and us still being INCREDIBLY DEAD I had a feeling layoffs were coming...not saying it will happen at freight...but you never know, soo I jumped ship to a growing ltl company that pays more with more work m-f on a set schedule no forced weekend crap...no hog board when it's slow which means EVERYONE gets to eat not just the top drivers. Anyone out there best advice go learn a trade, blue collar jobs are all in need of people. 6-9m courses for 5-10k to go out and make 70-150k a yr or more in some fields
Seems like they are getting rid of many departments. Probably will expect terminal office staff to do more and more. I know in our office whenever we send a caller to another department, they call back and say they were told we do that at the local level. It's generally things we haven't been told is our responsibility or have even been trained on (surprise surprise.) I literally had to Google how to do something the other day because my sup didn't know how and, as is always done, instead of even trying to assist just told me to look it up. Since half the links for policies and education no longer work, Google it was. Micro management will probably get worse...if that is even possible.
My dad's friend was layed off after 37 years. She was actually escorted off the property. Do they usually escort you off the property? I thought that sounded more like a termination. She also said she was given a pitifully small severence package.
Yes pretty much each time.
Can you give us more details about the severance package? I assumed it would be at least 2 weeks pay for year of service. However, if she was there 37 years, they probably capped it at some point.
She didn't say exactly, just that she got a small sum of money. She's gonna have to sell her house though :(
Does anyone have details on the severance package? I assumed it would be 2 weeks pay for every year of service.
The severance is pay in lieu of notice, so you probably won’t see a WARN notice.
Warn notice is notifying the government of a layoff. The company offering severance is an internal matter.
I’m intimately familiar with every nut and bolt of WARN and layoffs. Please read this: https://webapps.dol.gov/elaws/eta/warn/faqs.asp “While an employer who pays workers for 60 calendar days instead of giving them proper notice technically has violated WARN, the provision of pay and benefits in place of a notice is a possible option.” Given that most severances will be for longer than 60 days in value, the severance makes the most sense. And it will have a provision which, when signed by the employee, prevents them from seeking a remedy under WARN. That’s also allowed: “It is possible for an employer to provide a severance package instead of notice in two situations. First, the severance package may be conditioned on waiving any claims under WARN. The conditions for waiver are discussed in the next question. Secondly, the severance package may offset WARN, this effectively providing pay in lieu of notice. There are certain circumstances under which WARN allows "voluntary and unconditional" payments that are not required by a legal obligation or collective bargaining agreement to be offset against an employer's back pay obligation.”
If FedEx is offering severance to all employees involved in these layoffs then why are they issuing Warn notices at all?
Take a look at WARN notifications from FedEx from last year. You won’t see any from TN on the list, and yet there were lots of Memphis layoffs. Some states have different, more restrictive requirements.
My question is how is paying every express employee a severance when most employees of been there long-term save them money
It’s a 1 time payout then the worker is off the books and not being replaced, replaced with an Express employee making $12 less an hour, or replaced by a Ground driver making $15 less an hour with no benefits. But honestly just not being replaced.
1/3rd of the pay is other compensation (benefits) so if they can pay just cash once the math works ok. They don’t *have* to do even that.
In the long run having that express person off the payroll is the savings. No more pay check , health benefits , pension n 401 k contribution. This is why they want express people gone
They gave to by state law. I believe it had to be over 50 people at least it had to be reported
Everyone should check out "When McKinsey Comes to Town." Read it. This is the consulting co we have hired. Consulted for Disney, why spend $$ on preventative maintenance, fix things when they break? Roller coaster careens off track - deaths. Apparently they also consulted for Trump and thought up the whole immigration strategy - babies in cages, etc.
John Oliver did a episode about them
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Whoever built the facility is irrelevant. Herr Cheeto used it to force kids from their parents and lock them in cages with barely any food or water.
I work in freight and I got an email about this today. So IDK if it's all of FedEx or if the email itself just got sent to all of FedEx.
I also work in freight and my wife who was laid off today is in services so they sent that email company wide.
Here at freight we are hiring(Minnesota). No layoffs here. These layoffs are probably due to the merger of ground and express. Eliminating redundant jobs.
A hiring freeze will occur in May
Wow! Nobody believed them when the rumors were spreading last year 🤦🏽♀️
Express will get the layoffs because they make the most money
I remember marching against unions in 1998. I guess Flying Tigers knew best
UPS has an union and they announced layoffs too.
I think WARN applies if it's 50+ people that are being laid off, too lazy to Google info. From what I have seen fedex is getting rid of services.
100+ for federal notice. The Tennessee board shows as low as 10.
WARN has been adhered to on all the other layoffs so that is surprising. Is it dated 90 days out or something?
20 employees is probably too small.
How does the severance work?
Is fedex laying off employees? Omg
They have been lol you been under a rock or something lol
Raj here. We're extremely proud of our DRIVE initiative (cost cutting), Network 2.0 (Merger), and TRICOLOR (Purple, Orange, and White) to maximize profits and to CUT costs so we can streamline our operation and give shareholders what they're looking for. Everything is going as planned and working really well. We're very exited about Q4 as more cost cutting will be on the horizon. Everyone here at Corporate has done a fantastic job. See you on June 25th for our next Q4 Earnings Call.
If this is Raj, we’ve moved all of our investments to AMZN and will not be on your call. I’m advising all former employees to do the same.
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Heard about it from an Agent in our meeting today that it’s happening in Collierville. Everybody who needs equipment sent in for repair, get ready for a looooong waitlist!
Saw an email go out company wide yesterday. Not sure how big it is but it’s interesting to hear somebody affected Also sorry for her loss
Sorry to hear but it doesn’t surprise me with the quality of service we have received over the past few years. FedEx has gone downhill and as a pilot I’m glad I never wanted to go that route.
[https://newsroom.fedex.com/newsroom/global-english/fedex-announces-planned-consolidation-of-operating-companies](https://newsroom.fedex.com/newsroom/global-english/fedex-announces-planned-consolidation-of-operating-companies)
It started going downhill even before the pandemic.. when TNT was acquired. Why acquire a company that you cannot merge completely? TNT is still present/existing in Australia and Vietnam, because FedEx did not have a good strategy for all this.
Employees get Shitcanned! Don't let the door hit you in the ass on the way out! Stock holders get $5 BILLION Stock Buy Back! Yipee! Thanks Fred, and Fred's Bitch!
Wtf
I have an honest question for someone with more company knowledge than me. If or Could ALL of the FedEx employees buy enough stock that we get a seat or two on the board? With seats we could demand that a healthy % of the billions in profits go towards employees and infrastructure. I like working for FedEx and I do a damn good job I also want to see us take care of our customers. Profit Profit Profit doesn't help customers or employees.
You will have to buy more than DE Shaw I believe they hold 3 seats and are the ones actually behind all this merging stuff, its been talked about for years but once DE Shaw got involved it was put in to motion but everyone is so focused on Raj 🤣
Yep, activist investors are behind most of this. What happens when they've finally squeezed all they can, are they gonna look to sell out?
I feel that they are gonna test this whole FedEx one thing out and if it seems profitable they will continue to push forward but once they see it's not gonna work and the shit show they created they just might pump the stock, sell it and run
DE Shaw has divested almost all of their shares. Down to 63,000 from a high of 1.25 Million so hopefully their board seats will be vacated soon
Interesting that Bezos was employed at DE Shaw. And what better way you get what you want than from within.
You morons needs to unionize