FedEx Cuts 611 Jobs in Memphis by Mid-October
SOURCENews reportView the filing ↗
What we know
Location: Memphis, TN, USA.
Based on news reporting.
Summary
FedEx Corporation has announced the layoff of 611 employees in Memphis, with the job cuts expected to be completed by mid-October 2023. This decision reflects the company's ongoing efforts to streamline operations amid changing market conditions. The layoffs are part of a broader strategy to adjust workforce levels in response to demand fluctuations. The affected positions are primarily in operational roles, although specific departments were not detailed in the announcement. This move underscores FedEx's commitment to maintaining efficiency while navigating economic challenges.
FedEx Corporation cut 611 jobs in TN as of October 15, 2023.
That is roughly 0.2% of the 306,000 people FedEx Corporation employs.
LayoffTalk has tracked 75 layoff events at FedEx Corporation since April 2023, including 3,721 jobs documented in official WARN filings, with 57 additional events known from news reporting.
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