Fedex Layoffs 2024 October 23. Fedex announced plans today to reduce its european workforce by 1,700 to 2,000 positions. Has announced plans to restructure its european workforce and lay off up to 2,000 employees.

Fedex announces layoffs, says only ‘small percentage’ of staff reduced we made the difficult decision to reduce a small number of positions as we streamline and. Fedex anticipates it will lay off 1,700 to 2,000 employees, reportedly costing the company between $250 million and $375 million through the 2026 fiscal year.