FedEx pilots irked Q3 report included stock repurchase and not layoffs

By , Daily Memphian Updated: March 23, 2024 10:51 AM CT | Published: March 23, 2024 4:00 AM CT

FedEx is not commenting on the size of the layoffs, but necessity did not make the week any easier, CEO and president Raj Subramaniam said in a memo to staff shortly before the earnings release Thursday. 


FedEx Corp. Q3 results Air Line Pilots Association
Jane Roberts

Jane Roberts

Longtime journalist Jane Roberts is a Minnesotan by birth and a Memphian by choice. She's lived and reported in the city more than two decades. She covers business news and features for The Daily Memphian.


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