Labor Relations
FedEx announces facility closures amid network overhaul
Dec 8, 2024
FedEx disclosed plans for additional facility closures and workforce reductions as part of multi-year network consolidation. Total workforce reduced from 547,000 to approximately 505,000 between 2022 and 2024 — a 7.7% reduction.
Key Details
Agency
SEC Filings / Public Announcements
Date
December 8, 2024
Severity
Serious
Location
Corporate-wide
Domain
Labor Relations