Kroger to cut 3,000 corporate employees over the next 3 years. Read the memo.
Kroger CEO Greg Foran announced plans to cut approximately 3,000 corporate jobs over the next three years to streamline operations. The company intends to reinvest the savings from these reductions into its frontline store associates.
Why it matters
The move reflects a broader corporate trend of reducing administrative overhead to prioritize frontline labor and operational efficiency in a competitive retail market.
Kroger's corporate workforce is going to get leaner. Brandon Bell/Getty Images Kroger is making big cuts to its corporate workforce. CEO Greg Foran said about 3,000 roles will go away in the next three years. Foran said the corporate-level reductions will allow Kroger to invest in frontline workers. Kroger plans to cut about 3,000 roles from its corporate workforce over the next three years to simplify operations. In a memo to staff that the company shared with Business Insider, CEO Greg Foran said the corporate-level reductions will allow Kroger to invest in frontline workers. "Our business is becoming leaner, more focused and more competitive," he said. The former Walmart US CEO took the helm of Kroger earlier this year and has set to work cutting prices and tightening operations over the past several months.
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