Location: Plano, Texas, USA.
Based on news reporting.
FedEx Corporation (Plano) has laid off approximately 500 employees in the United States, raising concerns as the company simultaneously hired hundreds of H-1B workers. This decision follows a significant federal contract worth $2.24 billion, which has led to scrutiny over the company's employment practices. The layoffs are part of a broader trend in the logistics industry, where companies are adjusting their workforce in response to changing market demands. The situation has sparked debate about the balance between domestic job cuts and foreign worker hiring, particularly in light of the company's recent federal contract.
FedEx Corporation cut 500 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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