Does FedEx’s poor quarter signal a global recession?
CNBC host Jim Cramer (pictured here) featured FedEx CEO Raj Subramaniam on “Mad Money” Friday. (Mark Lennihan/AP file)
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
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FedEx Corp. Raj Subramaniam John Gnuschke Trip Miller Cathy Roberson Subscriber OnlyWill you help us reach more Memphians with quality, in-depth local news?
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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.
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