Quote:
Originally Posted by FedUpWilson318
Maybe I'm mis-reading your point, but once pilots are on board, I'd rather dip into 4a2b/c and 55 hour paychecks than see anyone furloughed. 4a2b/c protections, along with the rediculous system bids, have thankfully prevented them this time around. You see it different?
I do.
4a2c is a gift to the company. Furlough is a strategy that takes lots of time and money to execute as well as to reverse. Section 4a - not nearly as much.
FedEx is not responding to the markets right now as much as it's restructuring the business and catering to activist investors. If we get to 4a2c we may be there for longer than anyone can imagine. Look, if our boat sinks offshore what is the benefit of distributing weight if there's enough of it to drown everyone? Are we really doing anyone a favor?
For context, I've been furloughed for extended periods of time. Those who fared best were the ones that saw things for what they were and got on with plan B. It sucks (sucked), but often the right or best option is hardest.