FedEx to Cut Management Jobs by More Than 10%, CEO Says
UPS also reported a 2.7% YoY dip in consolidated revenue
FedEx Corp. is cutting global officer and director jobs by more than 10%, the courier’s latest cost-saving measure as economic concerns and waning e-commerce weigh on demand for package delivery. The company plans to consolidate some teams and functions in addition to the headcount reduction, part of an effort to become a “more efficient, agile […]
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