FedEx offers buyout packages


Published Dec 5, 2012 at 04:00AM / Updated Nov 19, 2013 at 12:31AM

FedEx said Tuesday that it will be offering some employees up to two years’ pay to leave the company starting next year. The voluntary program is part of an effort by the world’s second-biggest package delivery company to cut annual costs by $1.7 billion within three years.