KROGER CO
UNVERIFIED

Kroger Co. | Layoff Event

February 1, 2025 • 335 days ago
900 affected

Layoff Details

Reason
Following the collapse of its proposed $25 billion merger with Albertsons, Kroger announced the elimination of fewer than 1,000 corporate positions. This strategic move aims to streamline operations by simplifying structures, trimming costs, and focusing resources closer to customers and on value-generating work. The layoffs are part of an accelerated effort to reset the company's cost base and prioritize efficiency after the merger was blocked by a U.S. judge in December 2024. Kroger plans to reinvest the savings into lowering prices, opening new stores, creating jobs at the store level, and halting projects not aligned with its core retail business.
Affected Locations
U.S. offices
Affected Departments
CorporateAdministrative Staff

Sources (4)

Related Articles

Recent Kroger Co. News

Company Info

Industry
Grocery Stores
Sector
Consumer Defensive
Headquarters
Cincinnati, OH, United States
CEO
Mr. Ronald L. Sargent M.B.A.
Employees
400,000
View Company Profile

Event Snapshot

Employees Affected 900
Verification UNVERIFIED
No other canonical layoff events recorded for this company.

Financials

Market Cap $41.56B

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