FedEx is cutting global management jobs by more than 10% in the latest cost-saving step as economic concerns amid rising inflation. The CEO of FedEx, Raj Subramaniam, said “FedEx is cutting its global management jobs by more than 10% to become a ‘more efficient, agile organization.’ PayPal Layoffs: Digital Payments Platform To Sack 2,000 Employees, Says CEO Dan Schulman.
NEW: FedEx is cutting its global management jobs by more than 10% to become a “more efficient, agile organization,” CEO Raj Subramaniam said in a memo to employees https://t.co/sMvRAVSuQM
— Bloomberg (@business) February 1, 2023
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