Kroger to cut 3K corporate jobs over the next 3 years
The grocer has “more layers, more handoffs and more overhead than we need,” CEO Greg Foran wrote in an internal memo.
Kroger plans to reduce its corporate workforce by approximately 3,000 roles over the next three years. CEO Greg Foran revealed this in a memo to staff, stating that the cuts will simplify operations and allow the company to invest in frontline workers. Foran, who took the helm of Kroger earlier this year, has been working on cutting prices and tightening operations.
The company has been making progress in reducing prices and improving customer experience in stores and online, while also investing in technology. Foran believes that simplifying operations and leveraging technology will create broader roles and faster decision making. He emphasized that these decisions were not made lightly, as simplifying operations is crucial for delivering lower prices and a better customer experience.
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- Kroger to cut 3,000 corporate employees over the next 3 years. Read the memo. businessinsider.com
