FedEx Layoffs: Transport Company To Cut 10% Jobs To Become ‘More Efficient’

FedEx is cutting global management jobs by more than 10% in the latest cost-saving step as economic concerns amid rising inflation. The CEO of FedEx, Raj Subramaniam, said "FedEx is cutting its global management jobs by more than 10% to become a 'more efficient, agile organization.' PayPal Layoffs: Digital Payments Platform To Sack 2,000 Employees, Says CEO Dan Schulman.

FedEx Layoffs: 

NEW: FedEx is cutting its global management jobs by more than 10% to become a “more efficient, agile organization,” CEO Raj Subramaniam said in a memo to employees https://t.co/sMvRAVSuQM

— Bloomberg (@business) February 1, 2023

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