A spokesperson with FedEx confirmed with ABC24 that a small number of positions will be eliminated from the Solutions team.

Sriram Krishnasamy had served as FedEx's executive vice president, chief digital and information officer, and chief ...

FedEx continues layoffs in pursuit of two initiatives the company started two years ago to streamline operations and maximize ...

FedEx to lay off 10% of global officers, directors Posted: Feb 2, 2023 / 05:34 PM CST. Updated: Feb 2, 2023 / 06:51 PM CST. ... Wednesday’s announcement caused FedEx stock prices to rise.

An announcement today that FedEx layoffs will encompass 10% of directors and officers has sent shares of this logistics company rocketing higher. At the time of writing, FDX stock is up ...

Layoffs have been announced by two central Iowa companies, Lennox in Marshalltown and FedEx in Des Moines, affecting 146 total workers.

Some Memphians say the recent wave of layoffs is concerning, while others remain optimistic about the economy.

Cutting overhead. The part of the cutback downplayed in most reportage on FedEx's announcement is the best part -- it's closing 100 transfer stations and warehouses as part of the layoff move.

Earlier this month FedEx laid off more than 10% of its top managers. The move came as a shock to some since FedEx's culture puts job security as a core value. Some insiders see the layoffs as a ...