FedEx needs to deliver on cost-cut plan as investor patience wanes -analysts say
FedEx Corp’s new chief executive must show he can play catch up on costs without further eroding service, Wall Street analysts said on Friday, after the global delivery company laid out plans to slash up to $2.7 billion in expenses for fiscal 2023. FedEx’s plan announced on Thursday escalates pressure on CEO Raj Subramaniam to […]
FedEx needs to deliver on cost-cut plan as investor patience wanes -analysts say
FedEx Corp’s new chief executive must show he can play catch up on costs without further eroding service, Wall Street analysts said on Friday, after the global delivery company laid out plans to slash up to $2.7 billion in expenses for fiscal 2023. FedEx’s plan announced on Thursday escalates pressure on CEO Raj Subramaniam to […]