{"id":83791,"date":"2023-02-02T01:19:38","date_gmt":"2023-02-02T06:19:38","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=83791"},"modified":"2023-02-02T01:15:05","modified_gmt":"2023-02-02T06:15:05","slug":"fedex-is-laying-off-10-of-its-officers-and-directors-amid-cooling-demand","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2023\/fedex-is-laying-off-10-of-its-officers-and-directors-amid-cooling-demand.html","title":{"rendered":"FedEx is laying off 10% of its officers and directors amid cooling demand"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/quotes\/FDX\/\">FedEx<\/a> is cutting more than 10% of its officers and directors, <a rel=\"noreferrer noopener\" href=\"http:\/\/investors.fedex.com\/news-and-events\/investor-news\/investor-news-details\/2023\/FedEx-Announces-Organizational-Changes\/default.aspx\" target=\"_blank\">CEO Raj Subramaniam announced<\/a> Wednesday, as the company slashes corporate jobs to cut costs amid cooling consumer demand. \u201cUnfortunately, this was a necessary\u00a0action\u00a0to\u00a0become a more efficient, agile organization. It is my responsibility to look critically at the business and determine where we can be stronger by better aligning the size of our network with customer demand.&#8221;<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/02\/01\/fedex-lays-off-officers-directors-amid-cooling-demand.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) FedEx is cutting more than 10% of its officers and directors, CEO Raj Subramaniam announced Wednesday, as the company slashes corporate jobs to cut costs amid cooling consumer demand. \u201cUnfortunately, this was a necessary\u00a0action\u00a0to\u00a0become a more efficient, agile organization. [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-83791","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83791","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=83791"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83791\/revisions"}],"predecessor-version":[{"id":83792,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83791\/revisions\/83792"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=83791"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=83791"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=83791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}