FedEx paints belt-tightening picture in earnings miss
Memphis-based FedEx Corp. on Tuesday, Sept. 17, reported earnings for the June-August quarter.
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Memphis-based FedEx Corp. on Tuesday, Sept. 17, reported earnings for the June-August quarter.
Long-term incentive bonuses added millions to FedEx's compensation of top officers after annual bonuses were cancelled because of recent business challenges.
FedEx's first job fair of 2019 is scheduled for Saturday, Jan. 12, near the FedEx Express hub at Memphis International Airport. The company says 500 jobs are available.
FedEx may be trimming jobs with its newly announced voluntary buyout program, but if history is a guide, it doesn't mean the Memphis-based company is done growing. In fact, its workforce has kept pace with rising global shipping demand, despite notable personnel cuts in 2004, 2009 and 2014.
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