Contact us

Company Name:
Lishui Huanqiu Bearing Trading Co., Ltd.

Company Address:
No.11 Shiting Road, Shuige Industrial Zone,Lishui, Zhejiang,China
Contact Person: William

Email: admin@tradebearings.com
Homepage: www.asiabearings.com
Bearing B2B: www.tradebearings.com

email

 

Home > News >

FedEx to incur up to $650 million charge from voluntary buyout

The federal express company (FDX) said, accept voluntary takeover offer, will be charged for cash payments in the next two quarters of $550 million to $65 billion, the number of employees in the United States.
The world's second big pack delivery company has provided a voluntary buyout plan for it's headquarters in the United States employees as its plan to save cost, in its poor performance express air goods and services, and improve the profit is 170 million yuan, in the part of the four years.
The company has said that the United States is expected to all the staff to accept the buyout plan may expires.
Fedex said that although the company provide estimates will happen acquisition cost, actual cost will depend on employees accept rate, last Tuesday in the submitted to the regulatory documents. (http://link.reuters.com/byb26t)
It did not say how many employees to accept the offer.
Voluntary buyout plan fee does not include in the third quarter and the full year profit forecast, fedex said.
Fedex said, a limited number of personnel and managing director also accept voluntary buyout seniority.
All eligible, and accept staff make its position at the end of the fiscal year 2014, the company said.
 



Other News:
Obama says Immigration leak won't hurt reform talks
FedEx to incur up to $650 million charge from voluntary buyout
Israel's Netanyahu makes first move for new government
Google Will Finally Release a Device Apple Doesn't Make
Hotmail replaced: Hotmail is gone, to be replaced by Outlook.com by summer 2013
Syria "Scud-type" missile said to kill 20 in Aleppo
Japan's ORIX takes over asset manager Robeco
Nestle finds horse meat in beef pasta meals