FedEx, GXO and Pitney Bowes Cut Staff in Round of Logistics Layoffs [Yahoo! Finance]
FedEx Corporation (FDX)
Last fedex corporation earnings: 3/17 04:03 pm
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Source: Yahoo! Finance
A Thursday report from local news affiliate Fox13 WHBQ in Memphis, Tenn., where FedEx is headquartered, said roughly 300 employees were impacted. More from Sourcing Journal Lincoln International's Gaurang Shastri Talks Supply Chain Challenges Natural Fiber Welding Switches CEOs, Furloughs 'Significant' Number of Employees UPS, FedEx Discounts Reach 'Unprecedented' Levels to Attract SMBs “We made the difficult decision to reduce a small number of positions as we streamline and realign functions,” said a FedEx spokesperson. “Decisions of this nature are never made lightly and are the result of much thought and consideration for the needs of our business. We are actively working with those affected by these changes to ensure they have the support they need during this transition.” The company has not confirmed where the layoffs took place, or what positions are being affected. As of May 31, the logistics giant had approximately 505,000 full-time and part-time employees, do
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FDX
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- 9/19/24 - Miss
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- 9/24/24 - Form 4
- 9/24/24 - Form 4
- 9/24/24 - Form 4
- FDX's page on the SEC website