FedEx announces buyouts, lowers earnings expectations on global slowdown

By Wayne Risher, Daily Memphian Published: December 19, 2018 3:34 PM CT

Citing global economic weakness, FedEx on Tuesday announced a voluntary buyout program for U.S. employees and dialed back forecasts for full-year earnings and a major profit improvement program.

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FedEx global trade TNT Express voluntary buyouts

Wayne Risher

Business news reporter, 43-year veteran of print journalism, 35-year resident of Memphis, University of Georgia alumnus and proud father and spouse of University of Memphis graduates.

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FedEx announces buyouts, lowers earnings expectations on global slowdown

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Wayne Risher

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