---
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"
generated_at: "2026-05-16T06:15:29.468766+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# FedEx France restructuring: up to 500 job cuts, $175M-$275M costs; names new COO for US/Canada

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.05, 5.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-007986
- JSON: https://secwatch.observer/filing/0001104659-26-007986.json
- Plain text: https://secwatch.observer/filing/0001104659-26-007986.txt

## Key facts
- Restructurings & Charges
  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).
  - Type: restructuring
  - Charge: $175 million to $275 million
  - Affected area: FedEx Express FR (FedEx France) domestic operations in France
  - Headcount: up to 500 operational positions
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1048911/000110465926007986/0001104659-26-007986-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.