FedEx to offer voluntary buyouts to staff

Move will happen only in March next year


cost reductions FedEx March 2013 slower profit growth voluntary buyouts


FedEx has decided to offer voluntary buyouts to a few of its staff that will see “significant” cost reductions ahead of expected slower profit growth. The offers to the staff will come only in

FedEx’s fiscal fourth quarter starting in March next year. Most of those who will be singled out for the voluntary buyouts will be accountants, salespeople and human resources staff.