Fedex News Today Layoffs 2024. Fedex announced a plan to consolidate fedex express, fedex ground, fedex services and other fedex operating companies into a single company. Fedex narrowed its fiscal 2024 profit forecast on thursday, raising the bottom end and lowering the top, as cost cuts take hold and share buybacks help offset less business from.

The four closures will result in the layoff of 220 couriers and. You get what you pay.