Home / FedEx / (AFX UK Focus) 2009-02-09 20:30 UPDATE 1-FedEx Freight to cut about 900 jobs (Interactive Investor)

(AFX UK Focus) 2009-02-09 20:30 UPDATE 1-FedEx Freight to cut about 900 jobs (Interactive Investor)

NEW YORK, Feb 9 (Reuters) – FedEx Freight, a unit of FedEx Corp, said on Monday it will cut about 900 jobs at 130 facilities, citing unprecedented economic conditions and aggressive pricing by carriers. Some workers will be given the chance to transfer within the company, or will be laid off with the possibility of being recalled. The company’s ability to serve its customers will not be …

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