FEDEX CEO Warns: WE Are Going Into A World-Wide Recession-Closing 90 Office Locations

As part of these cost-cutting initiatives, FedEx will close 90 office locations, close five corporate office facilities, defer hiring efforts, reduce flights and cancel projects.
Link:
https://www.zerohedge.com/markets/fedex-plunges-2-year-lows-after-withdrawing-earnings-guidance