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-0.00028471101831642 0.000521970200246814 0.00246749549207559 0.00270475467400585 -0.00028471101831642 0.00735503463984062 0.0060263832210307 -0.0019929771282148
Stock impact report

FedEx, UPS Network Overhauls Spur More Logistics Layoffs [Yahoo! Finance]

FedEx Corporation (FDX) 
Last fedex corporation earnings: 3/17 04:03 pm Check Earnings Report
US:NYSE Investor Relations: fedex.com/us/investorrelations
Company Research Source: Yahoo! Finance
According to a Worker Adjustment and Retraining Notification (WARN) Act notice filed in Tennessee, FedEx is parting ways with 217 employees in a facility in Nashville-area Lebanon. The permanent layoffs are expected to take place between May 9 and May 30. More from Sourcing Journal FedEx CEO Hints at Big Plans for China as Xi Makes Foreign Investment Case UPS Wants to Eliminate Surprise Import Fees for Consumers FedEx's New Returns Service Feels Like Déjà Vu The package delivery giant's FedEx Supply Chain division is also shuttering a facility in Jacksonville, Fl., and will temporarily lay off 87 employees working at the site. A WARN notice filed with the state said FedEx is discontinuing services at the warehouse due to a customer's decision to transition its business to a new provider. The transition is expected to be completed by May 31. FedEx said in the notice that it anticipates those employees will be offered positions with the incoming provider, which is unnamed Show less Read more
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