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FEDEX TO CUT JOBS
Trump moves to block wider tariff refunds, appeals order covering all importersIn a landmark Supreme Court ruling, businesses are cashing in on refunds for import tariffs. Yet, the Trump administration intends to chall...- FedEx to slash up to 500 jobs in France as part of restructuring strategyFedEx is set to restructure its French operations. The company plans to cut up to 500 jobs and invest significantly to streamline its netwo...
- Why are Amazon, Intel, Microsoft and 17 others cutting 165,000 jobs now? A massive structural shift is hitting the U.S. corporate workforce in 2026A massive structural shift is hitting the 2026 job market. Amazon, Intel, and Microsoft have joined 17 other giants to cut over 165,000 rol...
- Indian professionals in US face rising anti-Indian hate after Trump’s H-1B changes: ReportNew H-1B visa rules, including a $100,000 fee and wage-based selection, have sparked online hostility towards Indian professionals and busi...
- US stock market outlook: Everything that could move markets this week — jobs report, inflation data and key earningsUS stock market outlook this week: US stock market focus shifts sharply this week as a flood of delayed economic data returns. October reta...
- US stock market rallies to new highs today: Dow hits record, S&P 500 and Nasdaq reach all-time highs as Nvidia and Micron jumpU.S. stocks are holding near record highs today as investors weigh rising inflation, AI-driven tech gains, and mixed economic signals. The ...
- FedEx layoffs shocker: why 611 Memphis workers are affected as Cummins moves operations — here’s what led to the massive shakeupFedEx is set to lay off 611 Memphis workers after Cummins shifts its operations to Indianapolis. Here’s what led to the layoffs, how it imp...
- Growth of India capability centres set to rise sharply: ANSRIndia's Global Capability Centres are poised for substantial growth, with a projected 2% GDP contribution by 2030. These hubs are evolving ...
- FedEx to cut up to 2,000 back-office jobs in EuropeFedEx plans to cut 1,700 to 2,000 back-office jobs in Europe over 18 months to save $125-175 million annually starting in fiscal 2027 due t...
- UPS to cut 12,000 jobs, explores options for Coyote businessUnited Parcel Service (UPS) plans to cut 12,000 jobs and explore strategic options for its truckload freight brokerage business, Coyote, fo...
- FedEx plans to move Asia headquarters, executives to Singapore from Hong KongFedEx retained that still a significant presence and top brass will be retained in Hong Kong.
- Amazon looks to sell excess air cargo space as demand coolsThe e-commerce retailer, which has a fleet of about 100 planes in the US and Europe, in recent months has hired executives with experience ...
- 2 big threats to US economy shrink a bitEconomists are less worried that the US will experience another round of mass layoffs and its first bout of deflation since the 1930s after...
- US new unemployment claims fall to lowest in 2 monthsThe number of newly laid-off US workers seeking unemployment benefits dropped slightly last week to its lowest level in two months, a sign ...
- GM dealers expect word on plans to cut 1,100 shopsA day after Chrysler LLC told a quarter of its dealers that it won't renew their contracts, owners of General Motors Corp. dealerships are ...
- FedEx lays off 1,000 employees to cut costsFedEx Corp laid off 1,000 employees Friday to meet job cuts the package delivery company announced were coming after third-quarter earnings...
- FedEx plans to lay off 900 at freight unitFedEx's freight unit says it will lay off 900 employees, saying that sluggish demand has declined further so far this year.
- MphasiS serves pink slips to 200 at Bangalore centreMajority of the employees affected were on the bench while some received the pink slips ostensibly on performance-related grounds. Coming t...
- FedEx to slash salaries to cope with downturnUS delivery giant FedEx said on Thursday it was slashing salaries for many employees in a further belt-tightening to cope with the global e...
- Deutsche Post to cut 9,500 jobs in USIn a move that could greatly scale back a possible venture between UPS and Deutsche Post's DHL, the German company said Monday it will sign...
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