Kroger to Cut More Than One-Third of Its Corporate Workforce as It Expands AI Use

2 days ago 4

Rommie Analytics

Kroger plans to cut 3,000 corporate jobs over three years, saying a leaner company will help lower grocery prices. Investors face a harder question: how much of the savings will survive the supermarket price wars? The announcement puts thousands of employees in a period of uncertainty while giving shoppers another promise of relief at checkout. For shareholders, it marks a major test of CEO Greg Foran’s effort to make Kroger more competitive. Reducing payroll can improve the numbers. Getting customers to put more groceries in their carts requires more than a smaller headquarters. More Than One-Third of Corporate Positions Face...
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