Location: Memphis, Tennessee.
Based on news reporting.
FedEx Corporation is set to lay off 611 workers in Memphis as a result of an auto parts manufacturing client relocating out of state. This decision reflects the company's response to changes in client demand and operational needs. The layoffs are expected to impact the workforce significantly in the Memphis area, highlighting the challenges faced by FedEx in maintaining employment levels amid shifting business circumstances. The layoffs are part of broader adjustments within the company to align with its current operational requirements.
FedEx Corporation cut 611 jobs as of October 1, 2023.
That is roughly 0.2% 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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