Wed, Apr 03, 2024
"With Each Announcement, FedEx Continues to Threaten Every Employee's Job Security" Say Pilots
The FedEx Master Executive Council (MEC) of the Air Line Pilots Association Int’l is once again chapped at the actions of their employer's management, commenting on the discontinued negotiations to extend a contract with the United States Postal Service.
The MEC cited the issue as just more bad news for pilots as FedEx execs happily toss more work on their plate with nary a word spend on adding to their pay. Under the USPS deal, FedEx provides flight support for their parcels and mail, an agreement that expires at the end of September later this year. FedEx announced that negotiations to extend that deal ended in failure on March 29th, further cutting into cargo loads for the company.
“With each new announcement, FedEx management continues to threaten every FedEx employee’s job security and quality of life," said the FedEx ALPA MEC. "Regretfully, this news is not surprising given that recent actions taken by FedEx executive leadership have diminished the company’s competitive advantage. A business that was once the industry leader and the gold standard is rapidly turning into a cautionary tale."
“FedEx continues to spend billions in stock buybacks while simultaneously announcing layoffs of employees who’ve helped build it into the brand it is today. The direction in which our company’s leadership continues to move is concerning. We urge management to return to the principles FedEx was built upon if they desire to remain a global leader in the industry.”
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