Tuesday, December 04, 2012 6:01 pm
News Summary: FedEx to offer buyouts
By The Associated Press
CHEAPER SHIPPING: The restructuring is a response to a shift by customers away from premium package-delivery services and toward slower, less expensive modes.
INTO THE SUNSET: The first wave will leave on May 31, the last day of FedEx's fiscal year. The next wave departs six months later and the final group on May 31, 2014.