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FedEx to Lay Off 900 (The Lakeland Ledger)

FedEx’s freight unit says it will lay off 900 employees, saying that sluggish demand has declined further so far this year. FedEx Freight, a subsidiary of FedEx Corp., said the unit is not gaining market share fast enough to offset the steep declines in customer demand. A company spokesman said the unit will cut jobs at about 130 facilities. FedEx…

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