Home / FedEx / FedEx And The Real Reason Why There's No Jobs: Cut Back On Worker Hours And Raise Profits

FedEx And The Real Reason Why There's No Jobs: Cut Back On Worker Hours And Raise Profits

FedEx added further evidence that the global economy is slowing on Wednesday, trimming its global growth forecast for the U.S. and the world in an investor presentation.  The company also indicated that it?s looking to create a $1.7 billion increase in annual profitability over the next three years, suggesting lean firms can thrive in a ?low growth environment for global trade and within major …

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