FedEx is undertaking a vast restructuring to consolidate its separate delivery companies into a single entity, in a move to cut costs that could spell the end of the staff delivery driver.The delivery company said last week that FedEx Express, FedEx Ground, FedEx Services and other units will be rolled together in a companywide reorganization intended to slash $6 billion in costs by fiscal 2027. The FedEx Express division currently only hires staff drivers, but the Ground unit uses non-employee contractors to move parcels, and some analysts believe staff drivers could be phased out entirely in the combination.
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