- FedEx Corporation (NYSE: FDX) is ramping up for the high demand for holiday shopping. And the company is planning to hire as many as 70,000 seasonal workers.
FedEx Corporation (NYSE: FDX) is ramping up for the high demand for holiday shopping. The logistics and delivery service is planning to hire as many as 70,000 seasonal workers, according to FOX. This is up 27% compared to the 55,000 workers hired last year.
FedEx president and chief operating officer Raj Subramaniam is predicting that the upcoming holiday season will be “unprecedented” and the company will be offering several enhancements to meet the demand such as “the acceleration of FedEx Ground’s seven-day a week residential delivery.”
The COVID-19 pandemic has forced millions of people across the world to work from home well into the next year and so the popularity of online shopping has been surging. Walmart saw online sales jump 97% in Q2. And Target and Dick’s have seen online shopping on their websites and apps increase over 190% during the same period.
