The first group of employees to opt for FedEx Corp.’s voluntary buyout program will leave the company on May 31, the Memphis-based logistics company discloses in its most recent filing with the U.S. Securities and Exchange Commission. A second group is expected to leave by the end of fiscal 2014, FedEx says in the filing. The latest filing also says FedEx has adjusted its organization structure, which has prompted a “limited number” of officers and managing directors to accepted the ...
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