CNBC: Tesla will lay off more than 10% of global workforce – read the Elon Musk memo
CNBC reports: Tesla will lay off more than 10% of its global workforce, according to a ...
Empire Airlines
CNBC reports:
KEY POINTS
– U.S. delivery firm FedEx reinstated its original fiscal 2022 forecast on Thursday, even as persistent labor woes chipped away profits ahead of the peak holiday season when the number of packages it handles often doubles.
– Shares in the company, which also reported flat year-over-year adjusted profit for the fiscal second quarter, jumped 6% to $253.00 in after-hours trading.
U.S. delivery firm FedEx reinstated its original fiscal 2022 forecast on Thursday, even as persistent labor woes chipped away profits ahead of the peak holiday season when the number of packages it handles often doubles.
Shares in the company, which also reported flat year-over-year adjusted profit for the fiscal second quarter, jumped 6% to $253.00 in after-hours trading.
Memphis, Tennessee-based FedEx now expects full-year earnings, excluding items, of $20.50 to $21.50, as it had first forecast. In September, FedEx lowered its per-share forecast range to $19.75 to $21.00 per share…
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Now read: “FedEx announces new $5B share buyback plan” (free reg. is required).
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