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Fedex to cut thousands from workforce

Fedex, the global delivery company, said Wednesday it was planning to cut "several thousand" people from its workforce via a voluntary departure program beginning early next year. More: continued here

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FedEx buyouts could affect local economy

FedEx is planning to offer voluntary buyouts to thousands of employees.  The buyouts were announced in August and will primarily be at FedEx Express and FedEx Services. The question now is: How will the cuts affect the company and the economy? More: continued here

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FedEx details major cost-cutting plan

FedEx Corp., the world's second-largest package delivery company, on Wednesday detailed its plan to boost profit by $1.7 billion annually by shedding jobs, aircraft and underused assets.FedEx aims to reach … More: continued here

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