FedEx to lay off 856 employees as Texas logistics facility shuts down
FedExFedEx(US:FDX) Yahoo Finance·2025-11-28 17:01

Core Points - FedEx is laying off 856 employees in Coppell, Texas, due to a major customer shifting its business to another provider, with layoffs starting in January and the facility closure expected by April 29, 2026 [1][2] - The layoffs are part of a broader trend affecting logistics and manufacturing employers, influenced by trade policies, facility closures, and changing consumer demand [4] Company Summary - FedEx is providing job placement assistance, relocation aid, or severance to affected employees, and some may be eligible for other roles within the company [3] - The Coppell layoffs follow previous job reductions in North Texas, including 305 layoffs in Fort Worth and 131 layoffs in Garland and Plano [3] Industry Summary - The logistics and manufacturing sectors are experiencing significant job cuts due to various pressures, including trade policies and supply chain strains [4]