FedEx plans to lay off 900 at freight unit (Greensboro News & Record)

NEW YORK (AP) – 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 did not specify what types …

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