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FedEx skips exec bonuses, downgrades office unit

By , Daily Memphian Updated: June 28, 2020 10:48 AM CT | Published: June 19, 2020 5:55 PM CT

A non-cash asset impairment charge related to FedEx Office's difficulties during the COVID-19 pandemic has depleted the remaining goodwill value of $2.2 billion, 2004 acquisition.

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FedEx FedEx Office Kinko's executive bonuses shipping industry Subscriber Only
Wayne Risher

Wayne Risher

Business news reporter, 43-year veteran of print journalism, 35-year resident of Memphis, University of Georgia alumnus and proud father and spouse of University of Memphis graduates.


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