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FedEx cutting officer and director team jobs by more than 10%, CEO says
The Commercial Appeal via Yahoo News· 1 year agoFedEx Corp. President and CEO Raj Subramaniam said the company is reducing the size of its officer...
An average FedEx worker makes about $46K while the CEO makes 272 times that. Breaking it down
The Commercial Appeal via Yahoo Finance· 10 months agoFedEx President and CEO Raj Subramaniam’s compensation totaled $13.2 million for fiscal year 2023 —...
FedEx earnings: $1 billion in additional cuts planned with continued low demand
The Commercial Appeal via Yahoo News· 2 years agoFedEx continues to see decreased demand, highlighting the need for continued cuts, the company...
FedEx pledges to unlock 'value' with revamped board, new CEO. 3 takeaways from investor day
The Commercial Appeal via Yahoo News· 2 years agoFedEx executives said Wednesday the company will become more efficient over the next five years,...
FedEx consolidation plan: From timeline to leadership, here's what we know
The Commercial Appeal via Yahoo News· 1 year agoFedEx Corp. announced one of the company’s most significant changes in recent history during an...
FedEx plans to consolidate operating companies into one organization
The Commercial Appeal via Yahoo News· 1 year agoFedEx Corp. plans to consolidate its operating companies — including FedEx Express and FedEx Ground...
FedEx optimistic after 3Q earnings, but more cost-cutting measures on the way
The Commercial Appeal via Yahoo News· 1 year agoFedEx continues to see demand weakness, particularly at FedEx Express, the company announced in its...
'FedEx has failed to deliver': Pilots picket in Memphis as contract negotiations stall
The Commercial Appeal via Yahoo News· 2 years agoHundreds of men and women who pilot the FedEx jets that are ubiquitous in Memphis' skies picketed on...
FedEx CFO Mike Lenz announces retirement; search underway for successor
The Commercial Appeal via Yahoo Finance· 1 year agoMike Lenz is retiring as executive vice president and CFO of FedEx effective July 31, FedEx Corp....
FedEx reports declining revenues across the board in fourth quarter
The Commercial Appeal via Yahoo Finance· 1 year agoFedEx Corp. made $21.9 billion in revenue for the 2023 fiscal year’s fourth quarter, down from $24.4...