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Kroger Cuts Nearly 1,000 Corporate Jobs to Streamline Operations

The grocer says the move shifts resources closer to customers following its failed Albertsons merger.

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Kroger announces more corporate layoffs.
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Overview

  • The layoffs affect corporate roles only and do not include workers in stores, manufacturing facilities, or distribution centers, according to the company.
  • Interim CEO Ron Sargent told employees the restructuring aims to simplify the organization and focus work that creates the most value for customers.
  • Kroger says savings from the cuts will be reinvested to fund new locations, create store-level jobs, and reduce prices.
  • The job reductions follow a June plan to close about 60 underperforming stores and come months after a federal judge blocked the Albertsons deal.
  • Local reports indicate roughly 200 of the affected employees are in the Cincinnati area, while Kroger shares remain up more than 30% over the past year.