chefdrewmem

I know a little secret

Kort
NYSE:FDX   FedEx Corporation
Fed Ex is in an early stage of Doom. Believe or not the company in not profitable. So much that team leaders are having to tighten there spending across the board. This means No hiring, No raises, and even No team lunches. There are a plethora of reasons for this change in direction and we all can see the inevitable. Primarily huge corporate spending with larger competition sees more outflow in the companies returns, and now the recent increase in fuel costs. I believe Fed Ex will go through another downsizing phase similar to 2009, this time eliminating overpaid no-see-ums "workers from home" and once again offering buy out packages to the good ol boys. But i dont think this is enough, ultimately i see Fed Ex succumbing to its rivals, i.e. AMZN; because if they cant beat them they'll have to join them. Fed Ex will break 100
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