Fedex to cut thousands from workforce

France24.com ^ | Oct. 10th 2012 | nonwe listed

[Mad Dawgg]

AFP - Fedex, the global delivery company, said Wednesday it was planning to cut "several thousand" people from its workforce via a voluntary departure program beginning early next year.

Company chairman Fred Smith said at an investment conference in Memphis, Tennessee, that the cuts would come in the company's Fedex Express global express delivery service, and in the US unit, Fedex Services.

[dennisw]

Recently, in addition to the “regular” deliver services, I’ve been getting stuff by people in unmarked cars and the invoice said “A1 Courier” or something like that. Things seem to come quicker when they’re involved so I have no objections.

That's the Amazon situation. My guess is Amazon is powerful enough to have FedEx and UPS ship to a city warehouse (say for Cleveland) where Amazon sorts the packages and has them delivered in Cleveland by Amazon's contactors... couriers/package delivery guys. Amazon also uses straight FedEx and UPS and USPS

Already you have the USPS partnering with FedEx and UPS to deliver packages. For example FedEx takes it half the way to Montana (say Chicago) then the USPS takes it the rest of the way and delivers it in a rural area where the USPS has better infrastructure

[cookcounty]

"If it’s the Express side, It’s voluntary, meaning they will probably offer early retirement deals. They have done this before."

Yup. Fred is very loyal to the Express side (aka the "air side" the original Federal division that built the company), and they have never had an involuntary lay-off in this group, though they have sometimes made it very attractive for people to voluntarily leave

---ex-FedExer, currently being paid every month to not die.