FedEx has announced that it will be laying off a portion of its workforce, including both high-level officers and directors, as part of its effort to streamline operations and reduce costs. The job cuts will affect 10% of the company's management positions, and are part of FedEx's response to the economic challenges it is facing. This move is aimed at ensuring the long-term stability and success of the company, by streamlining operations and reducing expenses where necessary.
