Comment / Is Expeditors finally being prepared for takeover?

ID 7197531 © Ahmed Aboul-seoud | Dreamstime.com

Key takeaway: An insider theory connects the dots between alleged covert terminations, culture change, and a gutted technology department. The logic is compelling. The deal math? Not so much. But M&A has its own rules…

When Expeditors International (EXPD) eliminated about 2,000 positions beginning in 2023, the company did not call them layoffs.

Recap for the uninitiated 

According to a federal lawsuit filed by a former employee, previous CEO Jeffrey Musser sent a confidential email to senior leadership on 24 ...