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FedEx cutting over 10% of management roles

FedEX CEO Raj Subramaniam announced in a letter to team members the company was reducing over 10% of its executive roles to maintain efficiency during uncertain economic times.

FedEx s freight unit to begin furloughing employees next month due to reduced demand for delivery services

Transportation giant FedEx's less-than-truckload delivery division, FedEx Freight, has announced that it will start furloughing an unannounced number of drivers starting early December due [.]

FedEx to furlough drivers just as Christmas season begins

The FedEx Freight furloughs will last around three months. During this time, workers will still receive health benefits and may file for unemployment.

FedEx Freight To Begin Driver Furloughs Next Month

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

FedEx to furlough drivers just as Christmas season begins

The FedEx Freight furloughs will last around three months. During this time, workers will still receive health benefits and may file for unemployment.

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