FedEx to cut senior jobs as part of larger staff reduction
LOS ANGELES, Feb 1 (Reuters) – FedEx Corp (FDX.N) 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 giant by 12,000 workers since June, a spokeswoman said. Shares in FedEx rose 3.4% to $200.52 as …
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