FedEx cuts pay, suspends retirement plan payments — guardian.co.uk

Earthtimes (press release) FedEx cuts pay, suspends retirement plan paymentsguardian.co.uk - 49 minutes agoBy Nick Carey DETROIT, Dec 18 (Reuters) — Package delivery giant FedEx Corp said it was cutting pay for all salaried personnel by 5 percent and suspending retirement plan contributions as it slashes costs because of a bleak US economic outlook.FedEx Makes Cutbacks Despite Rise in Profit New York TimesFedEx Cuts CEO Pay, Freezes Hiring as Volume Drops BloombergMarketWatch - Forbes - Bizjournals.com - International Herald Tribuneall 400 news articles