Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience.
Access here alternative investment news about Fedex Launches An Employee Buyout Program, Despite Recent Raises
LPNEWS

Fedex Launches An Employee Buyout Program, Despite Recent Raises

by businessinsider.com posted 4months ago 20 views
FedEx said on Tuesday that it will offer a buyout program for US employees. Earlier this year, FedEx announced $3.2 billion in wage increases, bonuses, domestic investments, and pension funding. But an economic downturn in Europe has led FedEx to slash its profit outlook. FedEx told investors on Tuesday that it will offer a voluntary buyout program for US employees. Those who participate will receive four weeks of pay and healthcare coverage for every year of employment for a maximum of two years.

In this article