FedEx is advancing its Network 2.0 restructuring plan as of August 11, 2026. The logistics giant is closing hundreds of facilities. The company is also reducing its workforce by thousands of employees.
This multiyear effort consolidates separate Ground and Express operations into a single delivery network. The overhaul will continue through the end of 2027 to reduce operational costs.
Affected personnel receive offers for internal placement or transition packages. FedEx is simultaneously investing in digital upgrades and artificial intelligence to improve long-term financial performance.