Home / FedEx / FedEx 1Q profit doubles; will cut 1,700 jobs

FedEx 1Q profit doubles; will cut 1,700 jobs

FedEx Corp. indicated Thursday that the global economic recovery remains uneven. It said strength in international shipments are driving profits, but said it will cut 1,700 jobs in an attempt to fix its money-losing U.S. trucking business.

More: continued here

About admin

Check Also

Amazon.com will stop shipping to Australia from July 1 | afr.com – The Australian Financial Review

The Australian Financial Review Amazon.com will stop shipping to Australia from July 1 | afr.comThe …

Leave a Reply

Your email address will not be published. Required fields are marked *