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FedEx may deliver big job cuts

China Daily | Updated: 2008-12-18 07:54

FedEx may deliver big job cuts

A FedEx driver makes deliveries on 57th Street and Broadway in New York. Bloomberg News

FedEx Corp stunned investors a week ago by slashing its annual profit forecast, sending the stock down the most in 21 years. Job cuts may be next at the shipper, a proxy for the US economy.

FedEx may deliver big job cuts

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