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FedEx | 8-K: FedEx Enters Consultations on Workforce Reductions in Europe

FedEx | 8-K: FedEx Enters Consultations on Workforce Reductions in Europe

联邦快递 | 8-K：联邦快递开始就欧洲裁员问题进行磋商
美股sec公告 ·  06/12 06:46
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On June 12, 2024, FedEx Corporation announced a significant workforce reduction plan for its subsidiary Federal Express Corporation (FEC) in Europe. The plan aims to streamline operations by reducing the headcount by 1,700 to 2,000 employees, specifically targeting back-office and commercial functions. This initiative is part of FedEx's ongoing efforts to reduce structural costs. The proposed changes, which are subject to local laws and consultation processes, are expected to incur pre-tax costs ranging from $250 million to $375 million, primarily for severance benefits and related legal and professional fees. These costs will be accounted for as business optimization expenses through fiscal 2026. FedEx anticipates annualized savings of $125 million to $175 million starting in fiscal 2027. The actual savings and the timeline for the workforce reduction may vary based on local regulations and negotiations. The announcement emphasizes that the service to FedEx customers will not be affected and that the company is committed to conducting the process with support for the affected employees, in compliance with European and local labor laws.
On June 12, 2024, FedEx Corporation announced a significant workforce reduction plan for its subsidiary Federal Express Corporation (FEC) in Europe. The plan aims to streamline operations by reducing the headcount by 1,700 to 2,000 employees, specifically targeting back-office and commercial functions. This initiative is part of FedEx's ongoing efforts to reduce structural costs. The proposed changes, which are subject to local laws and consultation processes, are expected to incur pre-tax costs ranging from $250 million to $375 million, primarily for severance benefits and related legal and professional fees. These costs will be accounted for as business optimization expenses through fiscal 2026. FedEx anticipates annualized savings of $125 million to $175 million starting in fiscal 2027. The actual savings and the timeline for the workforce reduction may vary based on local regulations and negotiations. The announcement emphasizes that the service to FedEx customers will not be affected and that the company is committed to conducting the process with support for the affected employees, in compliance with European and local labor laws.
2024年6月12日，联邦快递公司宣布在欧洲的子公司联邦快递有限公司（FEC）实施重大人员削减计划。该计划旨在通过削减1700至2000名员工的人数，特别针对后勤和商业职能，简化业务流程。此举是联邦快递公司为降低结构成本一直在进行的努力的一部分。拟议中的变更需要遵守当地法律和咨询程序，预计将产生2.5亿至3.75亿美元的税前成本，主要用于斩断效益分析及相关法律和专业费用。这些费用将作为业务优化支出计入2026财年。联邦快递预计，从2027财年开始，每年可节省1.25亿至1.75亿美元。实际节省金额和人员削减的时间表可能会根据当地法规和协商而有所不同。声明强调，服务联邦快递客户的质量不会受到影响，公司致力于依照欧洲和当地劳动法，给予受影响员工支持，进行此过程。
2024年6月12日，联邦快递公司宣布在欧洲的子公司联邦快递有限公司（FEC）实施重大人员削减计划。该计划旨在通过削减1700至2000名员工的人数，特别针对后勤和商业职能，简化业务流程。此举是联邦快递公司为降低结构成本一直在进行的努力的一部分。拟议中的变更需要遵守当地法律和咨询程序，预计将产生2.5亿至3.75亿美元的税前成本，主要用于斩断效益分析及相关法律和专业费用。这些费用将作为业务优化支出计入2026财年。联邦快递预计，从2027财年开始，每年可节省1.25亿至1.75亿美元。实际节省金额和人员削减的时间表可能会根据当地法规和协商而有所不同。声明强调，服务联邦快递客户的质量不会受到影响，公司致力于依照欧洲和当地劳动法，给予受影响员工支持，进行此过程。
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