UPS to cut 20,000 jobs in network reconfiguration
And so it starts. UPS, while announcing a better-than-expected profit, also enthused investors with its ...
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By Stuart Todd
FedEx is planning to shed between 1,700 and 2,000 posts among its workforce in Europe – “part of ongoing measures to reduce structural costs”.
The redundancies focus on removing positions and consolidating teams in back-office and commercial functions, and will be subject to local law and consultation processes, the Memphis-based logistics giant said.
Certain activities across the region will also be consolidated and located in select shared-activity centres in countries best aligned with the company’s needs and the existing FedEx real estate ...
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