HomeWall Street WhispersKroger Announces Layoffs of 200 Corporate Employees

Kroger Announces Layoffs of 200 Corporate Employees

Published on

Staff Reporter

Kroger Co. has confirmed plans to lay off approximately 200 corporate employees across three office locations at its Cincinnati headquarters. This decision was reported by the Cincinnati Business Courier.

Kroger spokesperson Erin Rolfes stated that while the company is making these layoffs, specific details regarding the restructuring remain undisclosed.

Rolfes emphasized, “As we continue delivering fresh, affordable food to our customers, we are focusing on key priority areas that support our go-to-market strategy. As part of this prioritization work, we announced team restructures and a small number of eliminated roles to improve efficiency.”

According to unnamed sources within the company, Kroger’s job cuts were driven by a shift in project priorities, leading to the reduction of several hundred positions. The layoffs, which occurred last week, affected employees at the downtown Cincinnati headquarters, as well as those in Kroger’s 84.51 data analytics unit and the Kroger Technology & Digital team.

Notably, Kroger has not filed any notices under the Federal Worker Adjustment and Retraining Notification Act, which mandates such filings if a company with a workforce of this size lays off over 500 employees at a single location.

Sources indicated that these layoffs are unrelated to Kroger’s unsuccessful merger with Albertsons last year. This news comes on the heels of Albertsons announcing its own job cuts, planning to reduce costs by $1.5 billion over the next three years. Albertsons is set to lay off nearly 400 corporate employees on February 22, with cuts affecting 225 positions in Phoenix and 156 across two locations in Pleasanton, California.

Latest articles

Warren Buffett Calls This Investment “The Best Thing” for Most People

The stock market has seen significant ups and downs in recent months, with major...

AI Data Center Boom Fuels Demand for Natural Gas

Staff Reporter UBS forecasts that the surge in AI data center construction, which began during...

Prediction: These 3 Value Stocks Are Expected to Outperform the S&P 500 Beyond 2025

Investors are increasingly drawn to value stocks for their reliability and reasonable valuations. Amid...

Analyst Suggests Aggressive ECB Easing May Be Imminent

Staff Reporter The European Central Bank (ECB) could be gearing up for more aggressive easing...

More like this

U.S. 30-Year Mortgage Rate Climbs to 6.89%, Highest Since February

By Agencies The average rate for a 30-year mortgage in the U.S. climbed this week...

UCSF Study Finds 35% Jump in Depression Symptoms for Pre-Teens Using Social Media

Staff Reporter study led by researchers at the University of California, San Francisco (UCSF) has...

Amazon Engineers Say AI Is Pressuring Them to Work Harder and Faster

Staff Reporter Software engineers at Amazon report that artificial intelligence is changing their work dynamic—not...