FedEx (NYSE:FDX) layoffs are coming for employees in Europe as weak demand has the delivery company cutting thousands of jobs overseas. FedEx is going to be cutting between 1,700 and 2,000 jobs in Europe. The company is mostly focusing on back- office jobs with the cuts estimated to save it between $125 million and$175 million annually starting in fiscal 2027. FedEx expects the layoffs to take place over the next 18 months. It’s also looking at expenses of $250 million to$375 million related to these head ...