Home / FedEx / FedEx to offer buyouts with up to 2 years' pay as part of plan to cut $1.7B in annual costs

FedEx to offer buyouts with up to 2 years' pay as part of plan to cut $1.7B in annual costs

NEW YORK – FedEx said Tuesday that it will be offering some employees up to two years' pay to leave the company starting next year. The voluntary program is part of an effort by the world's second-biggest package delivery company to cut annual costs by $1.7 billion within three years.

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