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 covers North Mississippi for The Daily Memphian. He holds a B.A. and an M.A. in English from The University of Memphis.


Want to comment on our stories or respond to others? Join the conversation by subscribing now. Only paid subscribers can add their thoughts or upvote/downvote comments. Our commenting policy can be viewed here