Fedex News April 2024. Memphis, tenn., april 5, 2023 โ fedex corp. Fedex corp plans to continue its cost reduction strategy for the next two years.
Fedex narrowed its fiscal 2024 profit forecast on thursday, raising the bottom end and lowering the top, as cost cuts take hold and share buybacks help offset less business from. Technology consolidation is key to fedex’s efforts to achieve its goal, announced last year, of $4 billion in cost savings by the end of fiscal 2025 under the new one fedex.