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606 results
18d
2023 Layoff Tracker: Citi Reportedly Cutting Hundreds Of Staff
Banking giant Citigroup is cutting hundreds of employees in the firm’s latest round of cuts in the past four months, ...
Staten Island Advance28d
FedEx to lay off 10% of its leadership staff amid delivery slowdown
FedEx announced significant changes to its staff Wednesday, partly pointing to a decrease in package volume as of one of the reasons. “Today we are in the process of informing a number of team ...
1d
2023 Layoff Tracker: Amazon Slashes 9,000 Employees
Amazon, Alphabet, Meta, Salesforce and Disney have all slashed staff this year, citing cloudy economic forecasts.
Commercial Appeal5d
FedEx optimistic after 3Q earnings, but more cost-cutting measures on the way
FedEx cuts:FedEx plans to cut more than $3 billion in costs for 2023. Here's how. FedEx news:FedEx pilots union moves closer to strike authorization vote “I am proud of the FedEx team ...
18d
How FedEx, Amazon and UPS are cutting costs in the current economic climate
FedEx, Amazon and UPS have all announced notable cost cutting moves in response to declining customer demand over recent ...
4don MSN
FedEx Shares Rise on Earnings Beat, Improved Guidance
FedEx Corporation (FDX) is the best-performing stock in the S&P 500 after the package delivery firm beat quarterly profit ...
Reuters5d
FedEx raises fiscal 2023 earnings forecast, shares soar
cutting staff, grounding airplanes, canceling profit-sapping Sunday deliveries in far-flung areas and furloughing workers in its freight division. FedEx reported better-than-expected adjusted ...
Yahoo Finance6d
FedEx profit report to test company turnaround
(Reuters) - Analysts expect FedEx Corp to post a sharp drop in quarterly ... to wring out $3.7 billion in costs this year by cutting staff, shuttering offices, grounding airplanes, canceling ...
Commercial Appeal15d
FedEx says it's a safe workplace. So why is Jessica James dead?
Jessica James had to get up and down that ramp. Her job at FedEx’s World Hub was to help ensure the trucks in her area were loaded and unloaded on time. That meant navigating forklifts on sloped ...
CNBC4d
FedEx hikes 2023 earnings forecast as cost-cutting initiatives bear fruit
FedEx hiked its full-year earnings forecast on Thursday as cost-cutting measured offset continued demand weakness. The company beat Wall Street estimates on its adjusted earnings per share but ...
wdam on MSN
10d
New Jones FedEx facility to host grand opening in April
FedEx staff say there are less than 10 facilities like it currently operating across the country. About 200 people work there ...
12d
FedEx chooses India for Advanced Capability Community to develop tech innovations
FedEx is about to mark its 50th year in business. And as the company looks back at the past, it’s taking steps to prepare for the future. One of those steps has just been announced: FedEx selected ...

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