Showing posts with label FedEx. Show all posts
Showing posts with label FedEx. Show all posts

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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