<div id="readability-page-1">03:13 PM EST, 11/26/2025 (MT Newswires) -- FedEx ( FDX ) plans to cut 856 jobs at its Coppell, Texas, supply-chain site after a major third-party logistics customer chose to move its business to another provider, Bloomberg reported Wednesday, citing a filing with the Texas Workforce Commission.The company said it will shut down operations at the facility, with layoffs occurring in stages and expected to conclude by late April, according to the report.FedEx ( FDX ) told state officials that workers were notified in advance, and some may qualify for alternative roles within the company, the filing said.FedEx ( FDX ) did not immediately reply to MT Newswires' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: 276.14, Change: +2.27, Percent Change: +0.83 MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.</div>

FedEx plans to cut 856 jobs at its Coppell, Texas site due to a major client shifting business to another provider. Operations will shut down in stages, concluding by late April. Some affected workers may find alternative roles within the company. The news is based on a filing with the Texas Workforce Commission and includes market speculation.

Market Chatter: FedEx to Cut 856 Texas Jobs as Major Client Shifts Business