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Old 03-04-2023, 03:05 PM
  #2  
IWantMyMTV
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Joined APC: Feb 2023
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Originally Posted by Galley Slave View Post
It’s important to know who the wizard is behind the curtain “DRIVE”-ing the change at Fedex.


https://www.currentaffairs.org/2023/...of-mckinsey-co

To quote a section of the article -
“Yes, that’s correct. The easiest way to boost profits and the bottom line is to cut expenses. It’s much more difficult to actually produce a better product or invent something—that’s on the revenue side. That takes work, creativity, and skill. It doesn’t take any damn skill to lop off a quarter of the workforce and say, “good luck,” or to offshore those jobs, as they [have] over and over again. They were one of the biggest cheerleaders of offshoring, and that obviously has an effect on the families of these people who lost their jobs, but also on the communities in which they live. So, they have had a hugely negative impact in many communities in this country.”

Instead of offshoring think “outside airlift”. These people are bad news!
Is McKinsey on the property here at FedEx?

DE Shaw is definitely on my radar at the moment.
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