FedEx officers, directors accept buyout plan

Published February 6, 2013 11:44pm ET



NEW YORK (AP) — FedEx Corp., the world’s second biggest package delivery company, said Wednesday that it will lose more than 10 percent of its U.S.-based executives under a voluntary buyout plan.

The Memphis, Tenn., company says its personnel will leave the company in stages through May 2014.

Already a print subscriber? Click here to login/register your account

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.