American Shipping Giant “FedEx” Moves Its Operations to Morocco
Spanish Media Reports: FedEx Plans to Shift Jobs from Spain to Four Countries, Including Morocco
Spanish media have reported that FedEx, the American giant in international freight transportation, plans to relocate approximately one hundred jobs from Spain to four countries, including Morocco. This move focuses on areas such as customer service, sales, and modern technology.
According to the newspaper “El Diario,” a union source from the General Union of Workers (UGT) stated that the company plans to outsource and transfer a significant portion of these jobs to Morocco.
This measure is part of a mass layoff plan of workers in Spain, where FedEx employs around 1,500 people. It is part of a broader strategy by the company in Europe aimed at reducing “structural costs” and outsourcing jobs to countries with “cheaper labor and more flexible labor laws,” according to the same union source.
The company had announced on June 12 its intention to lay off between 1,700 and 2,000 employees in Europe, indicating that these changes would include job eliminations and the integration of teams in back-office and commercial departments.
The company added that some activities in the region would be consolidated into selected centers located in countries that align with its needs and infrastructure.
FedEx’s decision to cut jobs in Spain came just weeks after announcing on September 19 that its revenues for the first quarter of 2024 had declined to $21.6 billion compared to $21.7 billion during the same period the previous year, marking the lowest level in three and a half years.