FedEx executives said during a recent earnings presentation that it plans to close 30% of its parcel terminals within two ...

FedEx plans to eliminate more than 480 jobs between two permanent closures and three site staff reductions as part of its Network 2.0 initiative.

The move will eliminate 164 jobs as part of a restructuring initiative the shipping company began in 2022. The company said ...

FedEx: Management's Initiatives Are Robust, But Headwinds Are Stronger (Rating Downgrade) May 17, 2023 7:27 AM ET FedEx Corporation (FDX) Stock FDX 5 Comments 2 Likes Dair Sansyzbayev ...

FedEx's CEO said he thought the world was heading into a recession. The company reported disappointing earnings, blaming reduced package demand and economic conditions. FedEx plans to cut costs by ...

Weeks before the busiest shipping time of the year, the CEO of FedEx said it will be shutting down stores and corporate offices. It will also freeze hiring as demand for package delivery has waned ...

Originally published in FedEx's 2023 FedEx Cares Report. Introducing Picture Proof of Planting. In 2023, FedEx launched Picture Proof of Planting to engage team members in conservation efforts ...