FedEx Supply Chain informed the Tennessee Department of Labor that it will lay off a total of 611 workers at two distribution centers in Memphis by October 11. FedEx Supply Chain, part of one of ...
MEMPHIS, Tenn. - FedEx Supply Chain will lay off more than 600 Memphis employees, according to documents filed with the State of Tennessee. FedEx Supply Chain filed a WARN Notice on Wednesday, ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min FedEx's latest round of layoffs ...
JPMorgan analyst Brian Ossenbeck downgraded FedEx ($FDX) stock to Hold from Buy and lowered the price target to $274 from ...
FedEx's parcel delivery business faces low margins and tough competition, but cost-saving initiatives could boost profits by up to 50%. The planned spin-off of the high-margin freight segment is a key ...
FedEx shares jumped in extended trading Thursday after the shipping giant reinstated its full-year outlook. The shares were down nearly 20% for the year heading into Thursday's report, weighed down ...
FedEx appointed Marshall Witt, former chief financial officer of IT company TD Synnex, as FedEx Freight's CFO, which the company is spinning off into its own company. Before joining TD Synnex, Witt ...
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