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Old 11-18-2009, 02:57 PM
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Gunter
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Joined APC: Aug 2006
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Default FDX - Will 4a2b be permanent?

From a well thought out, and positive, article this part caught my eye.

over the past 18 months, FedEx has slashed costs by about $3 billion; half those cuts are said to be permanent. The reductions have involved, among other things, cuts in base salaries...
Still Packing Up Profit - Barrons.com


I think the plan is to make as many of our "optimizations" and "cuts" as permanent as possible. Are they setting the stage now for a new baseline of precedent? What can we do to prevent these grabs from taking root forever?
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