Fedex News Today Layoffs 2024. As of now, we do not know how many employees were laid off or if any layoffs happened in memphis. Fedex will cut between 1,700.

Package handlers and management roles) but there will be massive layoffs for express drivers as ground absorbs that volume. Fedex narrowed its fiscal 2024 profit forecast on thursday, raising the bottom end and lowering the top, as cost cuts take hold and share buybacks help offset less business from.