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FedEx Going Under?

FedEx is frantically cutting billions in costs as its pandemic success evaporates

www.businessinsider.com.ico
Business Insider|17 minutes ago
CEO Raj Subramanian said a soft economy and an "e-commerce reset" were to blame for slow demand. The company's reacting with big cuts.

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Probably not, but I wouldn't object.
 
Express deliveries are down 6% since pandemic peaks? Big deal, I think they will survive. UPS is down too...
 
Yeah, mostly hype. Probably trying to drum up sympathy business.

Instead of ... you know ... improving the business ... and customer service.
 
Look what you did!
Yep. Looks like he found an actually legitimately possible way to perma block FedEx.
 
I wonder if Amazon delivery has taken profits away from UPS, USPS and FedEx.

if so, how much.
 
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