FedEx skips exec bonuses, downgrades office unit
Everyone was all smiles at this FedEx Office in 2018, but today's news isn't anything to smile about. (Submitted)
A non-cash asset impairment charge related to FedEx Office's difficulties during the COVID-19 pandemic has depleted the remaining goodwill value of $2.2 billion, 2004 acquisition.
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Wayne Risher
Business news reporter, 43-year veteran of print journalism, 35-year resident of Memphis, University of Georgia alumnus and proud father and spouse of University of Memphis graduates.
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