FedEx to cut up to 500 jobs in France; restructures operations

Core Insights - FedEx plans to cut up to 500 jobs as part of a significant restructuring of its domestic operations in the country [1] - The company intends to invest approximately 78 million euros, equivalent to $91.58 million, in this overhaul [1] Company Actions - Job Cuts: FedEx is set to reduce its workforce by up to 500 positions [1] - Investment: The company will allocate up to 78 million euros ($91.58 million) for the restructuring efforts [1]