UPFRONT

FedEx Scales Back Worldwide

MEMPHIS, TN—FedEx Office is laying off 200 people in the United States and another 450 worldwide. The move was done to increase the company’s long-term success, a spokesperson for the company told the Dallas Business Journal. A company-wide realignment sees about 20 stores being closed domestically, with another 17 locations around the world also to be shuttered. The latter move will eliminate FedEx Office stores in Mexico, Australia and The Netherlands, according to the paper.