Kroger is cutting roughly 3,000 corporate jobs over the next three years—one of the largest workforce reductions in the grocery chain's 143-year history. The cuts will hit various functions across its ~8,200-person corporate staff.
The timing is notable: the FTC blocked Kroger's proposed merger with Albertsons in 2024, a deal that might have provided more operational flexibility during this restructuring.
$KR
The timing is notable: the FTC blocked Kroger's proposed merger with Albertsons in 2024, a deal that might have provided more operational flexibility during this restructuring.
$KR