FedEx cuts marketing spend by more than 25 percent

Discussion in 'The Latest FedEx Headlines' started by cheryl, Jan 8, 2009.

  1. cheryl

    cheryl I started this. Staff Member

    FedEx cuts marketing spend by more than 25 percent - Reuters

    FedEx Corp has cut its marketing budgets by more than 25 percent in 2009 as part of its response to the bleak U.S. economy, the package delivery giant said on Wednesday.

    Mike Glenn, FedEx executive vice president for market development, first disclosed the cuts in a December 29 company blog.