Rank: 90 (Previous rank: 97)
What makes it so great?
CEO Fred Smith announced sweeping cost reductions in December. 401(k) matches were frozen, exec pay was cut 10% and his own pay was docked 20%. But he didn't cut hourly wages or announce layoffs.Headquarters: 942 South Shady Grove Road
Memphis, TN 38120
2007 revenue ($ millions): 37,953
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