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foreign [Music] triple play free stocks that were watching in the final 15 minutes of trading we have FedEx Live Nation and Foot Locker kicking it off with FedEx the company planning to cut more than 10 percent of its management jobs and will consolidate more teams and also roles FedEx CEO Raj subramanian making the announcement in an internal memo FedEx saying that the move is necessary to become a more efficient and agile organization is also going to quote align the size of the network with customer demand shares jumped today midday trading youre looking at it up just about four just over four percent it looks like the highest level that weve seen in just about four months here so Ali were seeing the wave of layoffs here not a docHub number of FedEx but certainly companies needing to adjust their Workforce needing to adjust their head count in order to kind of I guess adjust to the current economic reality 100 and I was on the show yesterday and I said the word of the day
