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FedEx unit cutting 100 jobs in Dallas, 100 more nationwide

09:42 PM CDT on Friday, September 26, 2008

By VICTOR GODINEZ / The Dallas Morning News
vgodinez@dallasnews.com

FedEx Office is laying off about 100 employees at its Dallas headquarters, as well as about 100 more nationwide, as part of an effort to restructure and accelerate the development of the online side of its business, the company said Friday.

FedEx Office – formerly FedEx Kinko's – is a subsidiary of shipping giant FedEx Corp.

The overall company has about 6,000 employees in the Dallas-Fort Worth area, including about 1,900 who work for the FedEx Office division.

Roughly 1,300 people work at the Office headquarters.

FedEx Office has 1,800 stores across the country, and about 20 of those are being closed.

Brian Philips, president and chief executive of the Office division, said turmoil on Wall Street had no impact on the layoffs or restructuring plans.

"We've been working our go-forward plan for some time," he said in an interview.

"As volatile as the market is, with the price of fuel ebbing and flowing, that's been noise in the background for us. We know what we need to do here."

Part of the restructuring also includes improving the in-store experience for customers and cutting costs.

Employees who are being laid off will receive two months' pay, an additional payment based on the length of their employment, short-term COBRA medical coverage and outplacement counseling.

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