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Does FedEx’s poor quarter signal a global recession?

By , Daily Memphian Updated: September 18, 2022 8:02 PM CT | Published: September 16, 2022 5:32 PM CT

News from FedEx has left some wondering what the company’s cost-cutting measures could mean in Memphis. FedEx, the city’s largest employer, has around 30,000 employees here.

Related story:

FedEx closing offices, deferring hiring, reducing flights after weak quarter


FedEx Corp. Raj Subramaniam John Gnuschke Trip Miller Cathy Roberson Subscriber Only

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Rob Moore

Rob Moore

Rob Moore is an Arkansas native who moved to Memphis to attend the University of Memphis. He holds a B.A. and an M.A. in English. He covers Public Companies, Transportation and Logistics, and Banking and Finance.


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