FedEx to Lay Off Nearly 500 Employees in Cost-Cutting & Streamlining Effort

FedEx to Lay Off Nearly 500 Employees in Cost-Cutting & Streamlining Effort

FedEx Corp., the shipping logistics giant based in Memphis, has confirmed plans to lay off 481 employees across five facilities in the U.S. This move is part of its ongoing Network 2.0 initiative, which aims to streamline operations and reduce costs across various divisions. The layoffs include the planned closure of facilities in Greensboro, North […] The post FedEx to Lay Off Nearly 500 Employees in Cost-Cutting & Streamlining Effort appeared …