Expeditors International Announces Layoffs of 230 Tech Workers

Freight forwarder Expeditors International (NYSE: EXPD) announced plans to lay off 230 technology workers as part of a restructuring effort. The company reported an 18% drop in profits and a 3% decline in revenue for the previous year, citing increased salary costs.

By Eric Kulisch Wed, June 17, 2026 at 9:31 PM GMT+3 1 min read · Yahoo Finance · June 17, 2026, 18:31 UTC

Expeditors International Announces Layoffs of 230 Tech Workers

Tickers: $EXPD

Topics: layoffs logistics restructuring

Read the full article at Yahoo Finance

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