FedEx (FDX) to cut 10% of top management jobs
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/3/2026
- Wall Street ends sharply higher as Waller remarks ease rate hike fears
- Fed’s Waller open to September rate hold - if disinflation holds up
- Broadcom raises AI chip forecast as Big Tech keeps writing bigger checks
- Nvidia to acquire AI platform Hugging Face in landmark $12.9B deal
- Tesla to unveil Cybercab Texas today, details are few
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
- After-Hours Movers: AVGO, SNOW, HPE, NTAP, NTSK, CHPT, FIVE, TLYS, PVH, RARE
- After-Hours Movers: DELL, PANW, GTLB, CRDO, MDB, HPE, SMCI
- After-Hours Movers: WDAY, ADSK, S, RBRK, MRVL, ULTA, GAP, AFRM
- After-Hours Movers: NVDA, CRM, SNPS, CRWD, OKTA, NTNX
FedEx (FDX) Is Cutting Management Jobs By More Than 10%
February 1, 2023 11:30 AM EST(Updated - February 1, 2023 11:35 AM EST)
FedEx (NYSE: FDX) announced:
The following is a message sent from FedEx President and Chief Executive Officer
to all team members globally.
As you know, we have embarked on a transformation effort to create the worlds most flexible, efficient, and intelligent supply chain for our customers. This process is critical to ensure we remain competitive in a rapidly... More
