Tag: FedEx
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FedEx Cost Cutting Measures
From a recent FedEx Press Release, FedEx Corp. Reports Second Quarter Earnings …FedEx has already taken actions to reduce over $1 billion of expenses for all of fiscal 2009, including: Elimination of variable compensation payouts Hiring freeze Volume-related reductions in labor hours and line-haul expenses Discretionary spending cuts Personnel reductions at FedEx Freight and FedEx…