LPNEWS
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.

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