Fx corporate jobs will continue to exist (i.e. Package handlers and management roles) but there will be massive layoffs for express drivers as ground absorbs that volume.
Fedex announced it plans to merge fedex ground and fedex express by june 2024. Seen on here somewhere 7,000 and they need to get to 12,000.
Fedex Narrowed Its Fiscal 2024 Profit Forecast On Thursday, Raising The Bottom End And Lowering The Top, As Cost Cuts Take Hold And Share Buybacks Help Offset Less Business From Its Largest.
Fedex announced it plans to merge fedex ground and fedex express by june 2024.
The Company Is Dealing With Another Quarter Of Revenue Decline — And It’s In The Middle Of A Restructuring, Which Has Included Layoffs And Facility Closures.
As consumer spending may decline due to prolonged inflation and potential layoffs, the repercussions on both housing and stock markets could be significant.
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Fedex is laying off more than 10% of its directors and officers as it continues to cut costs, the company told staff wednesday.
Consolidating Ground Deliveries Into Express, Where Drivers Are On The Payroll, Could Open Up.
I do know that ak and hi are safe from the merger for somewhat obvious reasons