As FedEx shares tank 7%, CEO blames 'bad political choices' for company's woes

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

FedEx Chairman and CEO Frederick Smith said Tuesday that most of the issues facing the company are the result of politicians around the world.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

What a coward. This guy is the CEO. It’s his job to anticipate well-telegraphed policy changes. He’s operating in the same environment as UPS & they’re succeeding. FedEx, take responsibility for your mistakes & make the changes necessary to succeed- like every other US company.

Someone go tell Mnuchin this....

So you aren’t winning so much that your tired of winning? MAGA

'I failed to adapt to a dynamic business environment' ...........hhmmm, no let's blame everyone else instead

Wonder if all magats will someday blame their problems on BPC

I think he means their previously unwavering support for the NRA.

FedEx, a bellwether of how the economy is doing, has seen its stock drop 35% recently, and is buying out workers in the US. Trump will refer to these lay-offs as 'bonus pay'.. - As FedEx shares tank 7%, CEO blames 'bad political choices' for company's woes

I bet he voted for Trump

Nicest way to say “trump screwed my southern company” a southern guy can do

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines