It's hard to continue to fund pension plans when you've raised your stock dividend 500% in the past 9 years.(I won't even talk about senior management raises)
2008---FDX stock paid .40/ share (~$106 Million annually)
2017---FDX stock pays $2.00/share (~$530 Million annually)
That's now an additional $424 million, of our profits, we pay to the shareholders every year. I don't have a problem with a corporation paying a dividend...Just not at the expense of the labor that earned those profits.