FedEx plans to cut 1,700 to 2,000 jobs in Europe
FedEx intends to cut 1,700 to 2,000 workers from its operations in Europe to reduce costs. Cuts are expected to generate $125 million to $175 million in savings. (AP Photo/Mark Humphrey)
The cuts are expected to generate $125 million to $175 million in savings, which the company expects to see in two years.
Topics
Federal Express Corp. EuropeJane 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.