Kroger to cut 37% of corporate workforce as it leans on technology
US supermarket chain Kroger will cut about 3,000 corporate roles over three years, roughly 37% of its 8,200 corporate employees. CEO Greg Foran cited simplification and technology adoption, including AI tools for demand forecasting and personalized savings.
- Cuts affect about 3,000 of Kroger's 8,200 corporate employees
- That is roughly 37% of the corporate workforce, with notices starting in coming months
- Kroger is deploying AI for demand forecasting, savings and task planning
- Kroger shares fell 2.2% to $61.21 in Tuesday afternoon trading
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