{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-007986","form_type":"8-K","ticker":"FDX","cik":"0001048911","company_name":"FEDEX CORP","filed_at":"2026-01-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.463241+00:00","generated_at":"2026-05-16T06:15:29.468766+00:00","sec_items":["2.05","5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"FedEx France restructuring: up to 500 job cuts, $175M-$275M costs; names new COO for US/Canada","bullets":["FedEx France proposes reducing stations from 103 to 86; up to 500 operational positions cut, 800 affected.","Pre-tax costs estimated at $175M-$275M (cash) through fiscal 2028; €78M investment in new infrastructure and scanning tech.","Scott L. Ray appointed COO US & Canada - Elect (Feb 1, 2026), full COO (June 1); John A. Smith to lead FedEx Freight post spin-off.","Restructuring subject to consultation with French social partners; no changes to CDG international hub."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-007986","json":"https://secwatch.observer/filing/0001104659-26-007986.json","markdown":"https://secwatch.observer/filing/0001104659-26-007986.md","text":"https://secwatch.observer/filing/0001104659-26-007986.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1048911/000110465926007986/0001104659-26-007986-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1048911/000110465926007986/tm263979d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T06:15:29.468766+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7949d764def36f6842b169bbb67444e8c287fc4a","claim":"FEDEX CORP announced a restructuring with charges of $175 million to $275 million affecting FedEx Express FR (FedEx France) domestic operations in France (up to 500 operational positions).","evidence_excerpt":"We expect the pre-tax costs of severance benefits, legal and professional fees, and facilities lease termination charges to be provided under and related to the transformation program to range from $175 million to $275 million","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1048911/000110465926007986/0001104659-26-007986-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"$175 million to $275 million"},{"label":"Affected area","value":"FedEx Express FR (FedEx France) domestic operations in France"},{"label":"Headcount","value":"up to 500 operational positions"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}