Employment Law

FedEx laying off staff to ‘streamline and realign functions’

A photo of cardboard boxes. (Photo: Kadarius Seegars / Unsplash)

What’s happening at FedEx?

FedEx is scaling back its staffing levels after posting stronger-than-expected quarterly earnings.

“We made the difficult decision to reduce a small percentage of positions as we streamline and realign functions,” the delivery giant said in a statement to FreightWaves.

“Decisions of this nature are never made lightly and are the result of much thought and consideration for the needs of our business. We are actively working with those affected by these changes to ensure they have the support they need during this transition.”

CEO Raj Subramaniam told staff in a recent memo that the company’s transformation efforts will “optimize our business and deliver profitable growth.”

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Impact on Canadian staff

It remains unclear if any Canadian employees at FedEx are affected by the latest round of job cuts.

According to the company’s LinkedIn page, it has more than 4,000 workers in the country.

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