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Old 02.09.2009
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FedEx Freight layoffs will number 900

FedEx Freight layoffs will number 900
2/9/09
Bizjournals- NC
Quote:
FedEx Freight is making “staffing adjustments” to about 900 positions at 150 of its facilities.
Employees were made aware of the cuts in an e-mail to employees by FedEx Freight president and CEO Doug Duncan Thursday.
Duncan cited a continued decline in consumer spending and overall industrial production as putting unprecedented pressures on the trucking industry.
“It’s the worst I have seen in my 30-plus years in this business,” Duncan stated in the release. “The outstanding value proposition and customer service that our team delivers every day is still growing significant market share, but not sufficiently to counter deep declines in our base customer volumes.”
More>> http://www.bizjournals.com/atlanta/s...9/daily21.html
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