FedEx Corporation ( FDX ), one of the leading global delivery companies, announced plans to downsize its workforce in the U.S. The company intends to offer two years salary in advance so as to expedite voluntary retirement of employees beginning next year.
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In less than a week, FedEx will take the wraps off its new package-sorting hub building and begin limited operations there at Piedmont Triad International Airport. Workers have been tweaking the conveyor and sorting machines for several months inside the $300 million hub. But FedEx planes at the airport have operated as always — in…
(Reuters) – Shares of FedEx Corp jumped as much as 4 percent on Wednesday after the shipping company said cost cuts helped it to post a better-than-expected quarterly profit, and it announced rates would increase next year for express shipping amid improving global economic conditions. The company also backed its full-year profit outlook for earnings-per-share…
eBay Container Management Tool Works With Kubernetes …InformationWeekeBay wants to expand its use of Docker containers and has composed a tool, TessMaster, to help them run on Kubernetes cluster management.and more » More: continued here
Feb. 11 (Bloomberg) — General Motors Corp ., FedEx Corp . and Wynn Resorts Ltd . are among companies slashing pay for more than 100,000 employees, contributing to U.S. deflation that could worsen the economic slump. More: continued here
Editor’s Note: Green and red arrows refer to intraday stock price movement. NEW YORK (TheStreet) — CHANGE IN RATINGS Carlisle Companies rated new Buy at KeyBanc. $55 price target. Non-residential re-roofing activity remains healthy. … Click to view a price quote on EV . Click to research the Financial Services industry. More: continued here
World number one Luke Donald heads the field for the first of four events in the FedEx Series starting on Thursday. More: continued here