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International Business Times

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AFP News

FedEx To Cut Up To 2,000 Jobs In Europe

FedEx plans to cut up to 2,000 jobs in Europe in response to tepid demand (Credit: AFP)

FedEx will eliminate up to 2,000 jobs in Europe as part of a cost-cutting drive in response to lackluster demand, the shipping company announced Wednesday.

The company, which is based in the southern state of Tennessee, said the targeted positions will cover back-office and commercial functions.

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