FedEx did not disclose the exact number of layoffs or the locations of the positions, but said it was a “small percentage of IT and Finance positions.” The company employs about 30,000 in the ...
FedEx said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this year, a sign of possible cooling in the wider economy. The company ...
Stray animals stranded by Hurricane Milton rescued 'Alien' structure 'with stairs' discovered at the bottom of the Baltic Sea After over 50 cruises, I no longer book sailings to the Bahamas or the ...
UPDATE—Sept. 19, 2024: This article has been updated to reflect more recent analyst estimates and share price information. FedEx reports fiscal 2025 first-quarter earnings after the bell ...