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FedEx to Cut More Than 10% of Officer, Director Jobs

Summary by Ground News
FedEx Corp. is cutting its global management jobs by more than 10% to become a “more efficient, agile organization,” Chief Executive Officer Raj Subramaniam said in a memo to employees.
Published 2 months ago · Memphis, United States

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FedEx is laying off 10% of its officers and directors amid cooling demand

The corporate job cuts come as the shipping giant tries to reduce costs amid cooling consumer demand.

2 months ago·United States
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FedEx to Cut Global Management Jobs by More Than 10%, CEO Says

FedEx Corp. is cutting global officer and director jobs by more than 10%, the courier’s latest cost-saving step as economic concerns and waning e-commerce weigh on demand for package delivery.

2 months ago·United States
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FedEx to cut executive team by more than 10%

FedEx Corp. says it will cut its executive team by over 10% as it aims to become a "more efficient, agile organization."

2 months ago·United States
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FedEx to Cut More Than 10% of Officer, Director Jobs

Job cuts come after rival UPS said its annual revenue could fall for first time in years

2 months ago·New York, United States
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FedEx rises after announcing more than 10% cut in management jobs

FedEx Corporation (FDX) CEO Raj Subramaniam announced a planned reduction in manager-level staffing in an internal memo sent to employees on Wednesday.

2 months ago·United States
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FedEx cutting officer and director team jobs by more than 10%, CEO says

FedEx CEO Raj Subramaniam said FedEx was in the process of informing team members across the globe that their positions were eliminated.

2 months ago·Memphis, United States
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