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FedEx is cutting more than 10% of its officers and directors, CEO Raj Subramaniam announced as the company slashes corporate jobs to cut costs amid cooling consumer demand.
首席执行官Raj Subramaniam宣布，该公司将裁减10%以上的高管和董事，因为在消费者需求降温的情况下，该公司削减了企业工作岗位以削减成本。
“Unfortunately, this was a necessary action to become a more efficient, agile organization. It is my responsibility to look critically at the business and determine where we can be stronger by better aligning the size of our network with customer demand,” Subramaniam said in a letter to FedEx team members.
Subramaniam在给联邦快递团队成员的一封信中表示：“不幸的是，这是成为一个更高效、更敏捷的组织的必要行动。我有责任批判性地审视业务，并通过更好地调整我们的网络规模和客户需求来确定我们在哪里可以更强大”。
The layoffs come as shipping momentum slows after the Covid pandemic e-commerce boom.
裁员之际，新冠肺炎疫情爆发后，航运势头放缓。
The package and shipping industry experienced a surge during the pandemic amid a spike in online consumer spending. But as inflation has shrunk consumers’ wallets, it has also eaten into FedEx’s profits. The company’s stock is off roughly 20% over the past year.
在疫情期间，由于在线消费者支出激增，包裹和航运业经历了激增。但随着通货膨胀使消费者的钱包缩水，它也侵蚀了联邦快递的利润。该公司的股票在过去一年中下跌了大约20%。
As a result, FedEx has experienced a rough first half of its fiscal year and has sought to cut costs while also raising prices to offset slowing volume.
因此，联邦快递在其财政年度的上半年经历了一段艰难的时期，并试图在削减成本的同时提高价格以抵消数量放缓的影响。
After it reported a fiscal second quarter with sagging sales and profit due to global volume declines, FedEx announced it would cut $1 billion more in costs by parking planes and shutting down some of its offices. In 2022, the company reduced its U.S. and international flight time by 13% combined.
联邦快递公布第二财季由于全球销量下降导致销售额和利润下降后，宣布将通过停放飞机和关闭部分办公室来再削减10亿美元的成本。2022年，该公司将其美国和国际航班时间总计减少了13%。
During its second-quarter earnings call with analysts, Subramaniam outlined what he called an “aggressive and decisive plan to cut costs in fiscal 2023.” The company is aiming to cut about $3.7 billion in total during this fiscal year.
在与分析师进行的第二季度电话财报会议上，Subramaniam概述了他所称的“2023财年削减成本的积极而果断的计划”。该公司计划在本财年内削减总计约37亿美元。
Along with cost-cutting, FedEx’s path forward has also involved price hikes. The company raised shipping rates by 6.9%, which took effect this January, as another measure to offset a consumer slowdown. At the time, Subramaniam said he forecast a “worldwide recession.”
除了削减成本，联邦快递的前进道路还包括价格上涨。该公司将运费提高了6.9%，并于今年1月生效，这是抵消消费者放缓的另一项措施。当时，Subramaniam表示，他预测将出现“全球经济衰退”。