FedEx Shutters 4 Ship Centers, Cutting 220 Courier Jobs [Yahoo! Finance]
FedEx Corporation (FDX)
Last fedex corporation earnings: 3/17 04:03 pm
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Source: Yahoo! Finance
The four closures will result in the layoff of 220 couriers and eight managers. The closures, which occurred across two ship centers in Naples, one in Punta Gorda and one in Fort Myers, will take place July 29, the filing said. More from Sourcing Journal Lululemon to Close Washington Warehouse, Cut 100 Employees USTR Probes China Over 'Unfair' Shipbuilding Practices Walmart Enhances E-Commerce Offerings for Marketplace Sellers Some employees who currently work at the facilities will remain employed at FedEx, but will be relocated. Terminated employees can pursue other positions within the company. “Each market is unique and operational decisions such as this are based on a number of factors, including volume fluctuations, customer demand, facility footprints and more,” FedEx said in a statement. “Decisions of this nature are never made lightly and are the result of much thought and consideration for the needs of our business.” In the 12 months prior to March, FedEx cut
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FDX
Earnings
- 3/21/24 - Beat
FDX
Sec Filings
- 4/26/24 - Form 8-K/A
- 4/9/24 - Form 4
- 4/9/24 - Form 144
- FDX's page on the SEC website