FedEx Announces Major Layoffs in Memphis as Operations Shift to Third-Party Provider
FedEx has announced a significant round of layoffs, with over 600 employees in Memphis set to lose their jobs by October 2025. The layoffs, unrelated to the company's 'Network 2.0' initiative, are part of a business transition that involves moving 'a significant portion' of its operations to a new third-party provider.
The layoffs, expected to be completed in October 2025, will affect employees at FedEx Supply Chain. The company has filed a Worker Adjustment and Retraining Notification (WARN) notice for the job cuts. Affected employees may be eligible for job placement assistance, relocation aid, or severance.
FedEx is the latest freight firm to announce layoffs in 2025, following several other logistics companies that have done the same to improve their fortunes. The logistics industry is currently grappling with challenges such as tariffs and an ongoing labor shortage. FedEx has previously closed over 100 shipping centers and laid off employees as part of its 'Network 2.0' initiative.
The layoffs at FedEx are part of a broader business transition that will see the company move a significant portion of its operations to a new third-party provider. The exact details of this transition are yet to be announced. Affected employees can expect support in the form of job placement assistance, relocation aid, or severance.
