FedEx to lay off up to 6,300 workers in Europe after TNT takeover
FedEx said the downsizing will take place over 18 months
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New York: FedEx plans to cut up to 6,300 jobs in Europe as it eliminates staff duplication across following the 2016 takeover of TNT, FedEx announced Tuesday.
FedEx said the downsizing will take place over an 18-month period following consultation with works council representatives across Europe and in accordance with local rules across the region.
The reorganization will cut between 5,500 and 6,300 jobs, the company said.