FedEx Announces Major Memphis Layoffs, Over 600 Jobs Cut
FedEx has announced a significant workforce reduction in Memphis, with over 600 employees set to lose their jobs. The layoffs, expected to be completed by October 2025, are part of a business transition but are not linked to the company's 'Network 2.0' initiative.
FedEx has filed a Worker Adjustment and Retraining Notification (WARN) notice for the layoffs, which will primarily affect FedEx Supply Chain's operations. The company has not revealed details about a third-party service provider taking over major operations or any planned move. However, it is known that a significant portion of FedEx Supply Chain's business will be transferred to a new third-party provider.
Affected employees may receive job placement assistance, relocation aid, or severance packages to help them through the transition.
The layoffs, which are unrelated to FedEx's 'Network 2.0' initiative, are expected to be completed by October 2025. The company has not provided specific details about the third-party provider or the reasons behind the business transition.
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