Friday, April 03, 2009

The Job Cuts Continue

And they're still hitting close to home. TV reports tonight talked of tears all around in Memphis. Long-time employees blind-sided and led from the building.

FedEx Lays Off 1,000 Employees Amid Cost-Cutting Effort

FedEx Corp. (FDX) said Friday that it has laid off 1,000 salaried employees as part of a $1 billion cost-reduction plan that it announced last month. "These decisions were incredibly hard for the company but unavoidable given the global economic reality," Fed [...]
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