FedEx announces layoffs
FedEx Corp. announced this week that it is making a “small number” of layoffs. In its statement, FedEx did not specify how many job cuts there are, where the jobs are located, or if it the decision is directly tied to the consolidation of its operating companies, which was completed earlier this year.
A Memphis news affiliate reports roughly 300 employees were impacted by the FedEx layoffs, while Pitney Bowes laid off 2,300 ...
FedEx confirms layoffs affecting an undisclosed number of Memphis-based employees as part of broader cost-cutting efforts.
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In its fiscal 2024, which ended in May, FedEx derived 47% of revenue from its express division, 37% from ground, and 10% ...
MEMPHIS, Tenn — Memphis-based FedEx said it is reducing “a small number of positions” of employees as it works to “streamline ...
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