FEWER fedex workers will be laid off at Liege airport than expected having been rescued by increased demand, reports London's Air Cargo News.
'The intentions we presented in January included 671 redundancies. Increased volumes processed at the Liege air hub have reduced this number to 549,' said FedEx.
The express delivery giant had announced a series of job cuts in January as a result of the integration of the air network of TNT Express, which it purchased for EUR4.4 billion (US$5.2 billion) in 2016.
Under the plans to combine the two air networks, FedEx's Roissy-Charles de Gaulle hub would serve as a primary hub while TNT??s main hub at Liege would become a secondary hub with job losses as a consequence.
But risiing demand have helped mitigate some of these cuts.
'Our strategic objectives for our integrated air network, as announced in January, have not changed,?? FedEx said. 'Liege will continue to play an essential role in our European air network. It will be a stable and essential part of our strategic infrastructure in Europe, now and in the future.
'Thanks to constructive discussions with our social partners, we have found additional measures that may bring the number of forced redundancies significantly down, including not replacing people that have left the company and pre-pension agreements.
SeaNews Turkey
'The intentions we presented in January included 671 redundancies. Increased volumes processed at the Liege air hub have reduced this number to 549,' said FedEx.
The express delivery giant had announced a series of job cuts in January as a result of the integration of the air network of TNT Express, which it purchased for EUR4.4 billion (US$5.2 billion) in 2016.
Under the plans to combine the two air networks, FedEx's Roissy-Charles de Gaulle hub would serve as a primary hub while TNT??s main hub at Liege would become a secondary hub with job losses as a consequence.
But risiing demand have helped mitigate some of these cuts.
'Our strategic objectives for our integrated air network, as announced in January, have not changed,?? FedEx said. 'Liege will continue to play an essential role in our European air network. It will be a stable and essential part of our strategic infrastructure in Europe, now and in the future.
'Thanks to constructive discussions with our social partners, we have found additional measures that may bring the number of forced redundancies significantly down, including not replacing people that have left the company and pre-pension agreements.
SeaNews Turkey