Daybreak Weekend: US Eco Preview, Iran Election, US-China Relations
Bloomberg Daybreak: Europe Edition
00:00
Cost-cutting Efforts at FedEx
The chapter delves into FedEx's strategies to reduce costs and improve margins by streamlining their network, cutting jobs, and focusing on higher-margin businesses. While shareholders are pleased with plans to buy back shares, there are concerns about the company's ability to effectively change its cost structure amidst challenges in different business segments.
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Transcript
