FedEx To Lay Off 61 Employees In New York


FedEx Corporate Services Inc. filed a Workers Adjustment and Retraining Notification on September 15 in the Long Island region. The notice indicates that some employees will be displaced on December 31 and the remaining will be displaced on May 31, 2018.

The international delivery company was negatively impacted by the NotPetya cyber attack, costing the company $300 million in the first quarter.

FedEx“The impact of the cyber attack on TNT Express and lower-than-expected results at FedEx Ground reduced our first-quarter earnings,” said Alan Graf, chief financial officer. “We are currently executing plans to mitigate the full-year impact of these issues.”

According to the WARN, the reason given for the filing was “plant closing” and “economic” was given as the reason for dislocation.

In July, FedEx announced that it would close all of its Canada-based retail office stores. The closure resulted in 214 employees losing their jobs.

The company didn’t immediately respond to an inquiry seeking additional information.

Leave a Reply
Previous Post

Keith Jones Acquires Chick n’ Ruth’s Delly In Annapolis

Next Post

Contemporary Guidance Services To Lay Off 53 Employees In New York

Related Posts