FedEx, Rivian, DraftKings Join US Companies Cutting Jobs

FedEx, Rivian, DraftKings Join US Companies Cutting Jobs
A Rivian logo is shown on one of the company's electric pickup trucks in Atlanta on Dec. 15, 2021. John Bazemore/AP Photo
The Associated Press
Updated:

FedEx, Rivian Automotive, and DraftKings have joined a growing list of U.S. corporations announcing job cuts.

FedEx sent an announcement to employees Wednesday informing them that the package delivery company is reducing the size of its officer and director team by more than 10 percent and consolidating some teams and functions.