FedEx - Grapevine

BubblyHamster

FedEx just announced 10% of workforce reductuon. Lay off started here

23mo ago

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SleepyNugget

Ah! I’d assume FedEx isn’t impacted by the rate cycle and the economy really. Why are they reducing

SleepyBagel

They are preparing for the impending revenue loss due to squeezing consumer spending

FluffyNugget

India?

BubblyHamster

Details will be shared but I think few positions will be impacted in india

PerkyCupcake

f that’s bad

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Curated from across

by DizzyNarwhalMeesho

Layoff

Meesho to layoff 15% workforce today.

by WigglyRaccoonGoogle

2.4K

by CosmicTacoGrapevine

tl;dr

Across the year, more than 149,000 employees in tech were laid off from January through November 2024 alone, with August 2024 seeing the highest single-month total exceeding 26,000 job cuts.
Major global tech giants (...

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