FedEx to lay off 10% of officer and director teams

By , Daily Memphian Updated: February 01, 2023 1:43 PM CT | Published: February 01, 2023 11:24 AM CT

Following two back-to-back quarters that saw FedEx report earnings well below company expectations, the shipping giant has been enacting sweeping cost-cutting initiatives.


FedEx Raj Subramaniam Mike Lenz
Rob Moore

Rob Moore

Rob Moore is an Arkansas native who moved to Memphis to attend the University of Memphis. He holds a B.A. and an M.A. in English. He covers Public Companies, Transportation and Logistics, and Banking and Finance.


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