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Excerpt from www.breitbart.com
FedEx will eliminate up to 2,000 jobs in Europe as part of a cost-cutting drive in response to lackluster demand, the shipping company announced Wednesday.
The company, which is based in the southern state of Tennessee, said the targeted positions will cover back-office and commercial functions.
The plan is to eliminate between 1,700 and 2,000 jobs “subject to local law and consultation processes,” the company said, adding that the process will unfold at a country-by-country level “with differing timelines across the region.”
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