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Home News Industry News FedEx 1Q profit doubles; will cut 1,700 jobs
FedEx 1Q profit doubles; will cut 1,700 jobs PDF Print E-mail
Written by Internet E-Business   
Thursday, 16 September 2010 08:58

In this Sept. 13, 2010 photo, a FedEx drives pulls out onto the street of after making a delivery in Springfield, Ill. Fedex reports surge in 1st-quarter earnings Thursday, Sept. 16, plans to cut 1,700 jobs and shut 100 facilities. (AP Photo/Seth Perlman)FedEx Corp. indicated Thursday that the global economic recovery isn't as strong as previously thought, and moved to fix the weak spot in its operations: its money-losing truck business.


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