From May 9 to May 30, more than 200 employees in the Nashville area of Tennessee will lose their jobs at FedEx. This decision has been made because the company will cease providing services to customers in Lebanon.
FedEx is working to reassign affected employees to other facilities or assist them in finding new jobs within the organization. The company has already notified the Tennessee Department of Labor and Workforce Development about the impending layoffs. Workers have been informed in advance to prevent any surprises when the layoffs commence next month.
As part of its Network 2.0 initiative, FedEx has begun streamlining its operations by merging its Express and Ground divisions, closing several shipping centers, and reducing its workforce in Tennessee, Illinois, Virginia, and West Virginia. This program, aimed at cutting costs, is set to continue from March to June 2025.
In August 2024, FedEx announced plans to cut up to 2,000 jobs across its European operations as part of its cost-reduction strategy. At that time, the company revealed it intended to reduce its back-office and commercial workforce in Europe by 1,700 to 2,000 positions over the next 18 months. These cuts will impact part of FedEx’s nearly 50,000 employees in the region and are expected to save the company between $125 million and $175 million annually, beginning in the 2026-2027 fiscal year.
