I am in TOTAL AGREEMENT with you Denise!

There's really no better outcome than this! After hearing all the recent job loses ALL over the country....we should be greatful, as it could have been ALOT worse. Example = DHL. There's plenty of business out there that will come back to us, when the economy recovers. We take this on the chin as a team, a family...saving greater hardships if we lost jobs.! It was our only choice as a company made strong and held TOGETHER by it's employees. We all have vital jobs to do, remember. It's PEAK Φ and Santa needs us! We are all 'Wizards' at our jobs. No One knows how we do it everyday!! And that's why WE ARE FEDEX ~ as is shown to ALL the World, in this slick Pro FedEx video -- > http://www.youtube.com/watch?v=IX-GlxxyNgY Be Proud.! We will survive.

After the news appeared in the Commercial Appeal online yesterday, and the comments began to be posted, I submitted the following: As a loyal FedEx employee, I echo the comments of many of my fellow employees above when I say that if these pay cuts keep the company in business during this recession, and keep benefits for employees intact, and keep all these employees and their families secure, then it beats not having a job. UPS has laid off hundreds across the country, and there will be more layoffs to come. Sixty-five percent of the UPS operating cost is labor; only 40 percent of FedEx operating cost is labor. Why is this? FedEx is trying NOT to pink-slip its employees by administering these pay cuts. That is commendable. Remember that it was not Fred Smith in front of Congress last month stating that he would not be comfortable cutting his salary, but it was the head of one of the auto companies. Mr. Smith is leading the way by taking the biggest salary cut of anyone. He demonstrates by this gesture how much regard he has for both this company and its employees. Corporate America could take lessons from this example. In the 11 years I've worked at this company, I've never met or even seen Mr. Smith in person, but if he personally asked me to walk through hell tomorrow for FedEx, I'd do it without a moment's hesitation. The company has invested much capital in its employees, and now it is requiring that the employees invest some of that capital back into the company. Remember President-Elect John F. Kennedy's address before the State House in Boston on 9 January 1961 during which he stated: "For of those to whom much is given, much is required" (a paraphrase of the Parable of the Faithful Servant in Luke 12: "From everyone to whom much has been given, much will be required; and from one to whom much has been entrusted, even more will be demanded"). My feelings today are just as strong as ever, and I am proud to work for a company that puts its people first. Five percent of salary cut vs. 100 percent of job loss? It's a no-brainer!

I am thankful to work for FEDEX. The insurance is great and my pay is excellent. I have been working for FEDEX for 18 years. Thanks

My honest opinion: Such actions usually paves a path for a "socialism" where high performers pay for the poor performers so that the later can keep their jobs. The earning call yesterday was a good opportunity to cut "fat" once for ever where not needed.

These are stressful times for our company, especially on the LTL side. The pay cuts will hopefully save jobs, however, there have already been work force reductions throughout Freight & National. We need to be sensative to our co-workers, especially those that feel vulnerable to possible lay-offs. Making off handed comments like "It could be worse," while true, does not help the situation or address the anxiety that someone may be experiencing. I am proud to be a part of FedEx. My position was eliminated a year ago and thank God I was given the opportunity to come back in Aug. Pulling together as a team means we recognize people are going to deal with this crisis in their own way, and we meet them at their need. Isn't that practicing diversity and the Purple Promise?

consider the savings: part time employees at fed ex freight dont receive health benefits; make the same true for All part time fed ex employees? True, tough economic times, but I feel positive Fed Ex will still make the profits. Sound fiscal leadership...

I want to say simply thank you to all management and salaried personel for focusing on "our situation" and taking the necessary steps to preserve our jobs and company. Perhaps if other companies had focused as such, the bailouts might have been unnecessary. Again, thank you very much.

I have to admit when it was announced that there was going to be a permanent pay cut for all salary employees it hit pretty hard. It's a lot to absorb; who wants to lose money?? But, it's nice to know that our own CEO is willing to take the hit right along with us to support the prevention of job losses. How many CEO's in Corporate America can say they are willing to take the loss right along with his team? Not many I'm sure!!!! !!!! This is just proof that Fred is truly loyal to his team. In reality any pay cut is devastating but in this game called economic hardship, it's better way than having no job at all.

I worked for this company for several years and I would have to agree that this is an excellent company! It will be painful for the employees but it is an excellent move to save jobs! I would recommend this company to anyone for employment!