US job threat
16 / 10 / 2012
FEDEX will start making redundancy or buyout offers to some employees in March 2013, a spokesman has confirmed.
She said the offer would only apply to the US where bosses are looking to make cost savings at its FedEx Express and FedEx Services.
“Analysis is underway to determine which workgroups will be eligible for these incentives,” she says.
“These incentives will not include any changes to retirement eligibility or payments. However, employees who are eligible for this program and are also eligible to retire may elect to accept the buyout and also retire.”
Further details of the offer will be available from 9 October but an early announcement was made so employees could prepare.