LOS ANGELES (Reuters) -FedEx Corp on Wednesday said it would cut its officer and director ranks by more than 10% as part of a broad cost-reduction effort that has reduced staffing at the delivery ...

Banking giant Citigroup is cutting hundreds of employees in the firm’s latest round of cuts in the past four months, ...

Amazon, Alphabet, Meta, Salesforce and Disney have all slashed staff this year, citing cloudy economic forecasts.

Overall, it slashed its total operating expenses from $1.916 billion in Q3 2022 to $1.8 billion in Q3 2023 — a 6% cut that ...

FedEx, Amazon and UPS have all announced notable cost cutting moves in response to declining customer demand over recent ...

FedEx cuts:FedEx plans to cut more than $3 billion in costs for 2023. Here's how. FedEx news:FedEx pilots union moves closer to strike authorization vote “I am proud of the FedEx team ...

FedEx plans to cut more than $3 billion in costs for 2023. Here's how. A strike authorization vote is one of several legally required steps before the pilots could go on strike. The union would ...

FedEx Corporation (FDX) is the best-performing stock in the S&P 500 after the package delivery firm beat quarterly profit ...

FedEx pilot leaders passed a resolution approving a strike authorization vote. FedEx pilots have been in negotiations with company management since May 2021. The resolution comes after the ...

A FedEx last-mile delivery van is seen near a FedEx Ground distribution center in Carson, California, U.S., September 16, 2022. REUTERS/Bing Guan March 16 (Reuters) - FedEx Corp (FDX.N ...

FedEx hiked its full-year earnings forecast on Thursday as cost-cutting measured offset continued demand weakness. The company beat Wall Street estimates on its adjusted earnings per share but ...

FedEx staff say there are less than 10 facilities like it currently operating across the country. About 200 people work there ...