Memphis-based FedEx Corp. will be laying off 280 workers from its Fort Worth location, according to its notice to the state. Layoffs will begin Sept. 23.The move comes in the wake of changes in FedEx’s upper management as former CEO of Atlas Air Worldwide John Dietrich. Dietrich said he hopes to help bring more cost-effective solutions to the transportation and e-commerce company.
“Together, we will deliver on the tremendous opportunity FedEx has to expand margins and improve returns as we build off a lower cost base, which will deliver significant long-term value for our stockholders,” Dietrich said in a statement.from company expenses by 2024.Ericsson Swedish telecommunications firm Ericsson Inc. will lay off 64 employees at its U.S. headquarters in Plano on Sept. 29, according to its notice.
“This strategic change will provide added flexibility, reduce costs and simplify our operations, allowing us to operate more efficiently and better serve the changing needs of our customers,” the company said in the notice.