Location: Memphis, Tennessee, USA.
Based on news reporting.
FedEx Corporation has announced significant layoffs, cutting 1,375 jobs in Memphis as part of a workforce reduction strategy. This decision comes amid ongoing challenges in the logistics sector, reflecting the company's need to adjust its operations to current market conditions. The layoffs are expected to impact various roles within the organization, although specific departments were not detailed in the announcement. This move is part of a broader trend of job cuts in the Memphis area, indicating a challenging economic environment for local businesses.
FedEx Corporation cut 1,375 jobs as of January 1, 2025.
That is roughly 0.4% of the 306,000 people FedEx Corporation employs.
LayoffTalk has tracked 63 layoff events at FedEx Corporation since October 2023, affecting a combined 18,788 employees.
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