YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
FedEx is offering employee buyouts in an effort to save up to $275 million annually starting in 2020.
The company expects the buyouts to cost $450 million to $575 million in pretax expenditures.
FedEx did not say in a Securities and Exchange Commission filing how many employees would be affected. It employs 450,000 in 220 countries and territories.
Read more from the Memphis Business Journal.
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