Staying or going? FedEx nears decisions on voluntary buyouts
Some buyout-eligible FedEx employees could be left behind as a new payroll-trimming project comes to a head in April. FedEx aims to save up to $275 million a year.
Topic: FedEx
RSSThere are 428 article(s) tagged FedEx:
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March 2019
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Former FedEx career employee Sean Healy joins Amazon
Former longtime FedEx executive Sean Healy, most recently regional chief operating officer for FedEx Express Europe, is listed on LinkedIn as an Amazon director after a 32-year FedEx career.
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FedEx says bonus plan ditched because of changing economic reality
FedEx said it cut out annual bonuses because of changing economic circumstances, but some employees complained the company was taking away a benefit they'd previously been led to expect.
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Tipping Point: Turning passion into action
Venki Mandapati enjoyed helping students with resumes and job interviews so much that he launched Careerquo, which helps students connect with mentors to pursue their careers.
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FedEx plans to scrap employee bonuses this year
FedEx told employees in the wake of a disappointing earnings report Tuesday that the company expects to scrap annual incentive compensation bonuses this year.
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FedEx earnings slide as global trade slowdown continues
FedEx's earnings missed company and analyst expectations Tuesday. The company cited a continuation of economic softness in Europe and Asia that prompted announcement of a cost-cutting plan in December.
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Explore Bike Share nets new support from FedEx, city
Explore Bike Share has picked up funding from Memphis-based FedEx, $150,000 over three years; and Memphis, $75,000 a year for four years, from fees on Bird and Lime.
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FedEx names Don Colleran as FedEx Express chief
FedEx has named Don Colleran as president and chief executive officer of FedEx Express. He'll succeed Raj Subramaniam, who became president and chief operating officer of FedEx Corp. March 1.
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Inside the FedEx voluntary buyout offer: Is it sweet enough?
The clock is ticking on FedEx Corp.'s voluntary buyout program aimed at selected employees at FedEx Express, corporate and FedEx Services. April 1 is the application deadline.
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FedEx chief says trade tensions dragging on world economic growth
Memphis-based FedEx Corp. chief Frederick W. Smith, appearing on Fox News, said trade tensions are hurting the world economy and he doesn't think U.S. voters will buy big government spending.
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FedEx’s Gloria Boyland listed among country’s most powerful black female executives
FedEx executive Gloria R. Boyland has overseen development of the newly unveiled FedEx SameDay Bot and truck platooning technology. She's one of Black Enterprise's Most Powerful Women in Corporate America.
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Fantastical? Armchair exercise mulls Amazon-FedEx combo despite long odds
Under the heading of "food for thought," analysts at one firm have pondered the what-ifs of an unlikely combination of Amazon and FedEx and suggested it would be a winner.
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February 2019
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FedEx aims to disrupt growing local delivery market with SameDay Bot
FedEx views its newly introduced FedEx SameDay Bot as a potential game-changer that will help grow market share among current shippers and open new avenues for local deliveries.
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FedEx plans to test SameDay Bot in Memphis this summer
FedEx on Wednesday announced details of its FedEx SameDay Bot, an autonomous delivery vehicle that is slated to navigate sidewalks of Memphis and other cities this summer in initial testing.
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FedEx introducing same-day delivery robot on Wednesday
Memphis-based FedEx introduced a driverless package delivery robot called the FedEx SameDay Bot on "The Tonight Show Starring Jimmy Fallon" Tuesday night.
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Bronczek departs FedEx, replaced by Subramaniam
David J. Bronczek has abruptly retired from FedEx Corp.'s No.2 spot, with Raj Subramaniam named to replace him effective March 1.
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FedEx outlines pay package for Raj Subramaniam
New FedEx Corp. president and chief operating officer Raj Subramaniam would earn $1.2 million in base salary and bonuses over the next year under a compensation package outlined Wednesday, Feb. 20.
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Discussion continues about front-office changes at FedEx
FedEx's series of high-level management changes are fueling speculation about the reasons and perhaps worrying investors and employees, but have the potential to bring fresh eyes to the organization.
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Daily Briefs
- Methodist South Hospital names new president
- Bella Vita Gifts & Interiors moving to Germantown
- Methodist Le Bonheur, St. Jude and FedEx among 2019 Fortune 100 Best Companies to Work For
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Is Raj Subramaniam ‘the guy’ at FedEx? Only time will tell
Selection of Raj Subramaniam for the No. 2 job at Memphis-based FedEx Corp. starting March 1 could put him in the driver's seat to eventually become CEO, some analysts believe.
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Daily Briefs
- Methodist South Hospital names new president
- Bella Vita Gifts & Interiors moving to Germantown
- Methodist Le Bonheur, St. Jude and FedEx among 2019 Fortune 100 Best Companies to Work For
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FedEx Logistics HQ project wins $3 million in grants, tax freeze worth millions
Public incentives flowed Thursday into a project to retrofit the Gibson Guitar Factory and make it FedEx Logistics' global headquarters. A tax freeze and two grants sailed to approval.
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Daily Briefs
- Methodist Le Bonheur, St. Jude and FedEx among 2019 Fortune 100 Best Companies to Work For
- International Tea will benefit LeMoyne-Owen
- O.C. Pleasant Jr. Operations Center to be dedicated Friday
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FedEx Logistics announces headquarters at Gibson Guitar building
FedEx Logistics, the specialty services and trade unit of Memphis-based FedEx Corp., announced Tuesday it would put its headquarters in the Gibson Guitar building, giving FedEx a significant Downtown office presence.
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FedEx touts service upgrade as milestone in European growth
FedEx Express Europe announced Wednesday that it was upgrading FedEx Intra-European Economy parcel shipments in seven countries with plans to go Europe-wide by May 31.
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