Kroger

About Kroger

The second-largest supermarket chain in the United States

CEO: Rodney McMullen

Year Established: 1883

Last Year's Revenue (in billions): $138.30

Stock Symbol: KR

Headquarters Location: Cincinnati, OH

*As of 2023-11-20

Recent Layoff Information

Total Employees	Employees Laid Off (Estimated Yearly Total^[1])	Date of Last Layoff
465,000	0	October 2022

Total Employees	465,000
Employees Laid Off (Estimated Yearly Total^[1])	0
Date of Last Layoff	October 2022

Layoffs This Year

Layoffs Past 5 Years

Compared to All Companies

Note: Amazon and Walmart data ommited due to size.

Compared to All Companies as a Percentage (layoffs/employees)

Note: Amazon and Walmart data ommited due to size.

Compared to Sector

Compared to Sector As a Percentage (layoffs/employees)

Are More Layoffs Expected?

Whether Kroger will have more layoffs in 2024 is uncertain at this time. The company has not made any official announcements regarding future layoffs, and its decision will likely depend on a variety of factors, including its financial performance, market conditions, and strategic objectives.

However, there are some indications that Kroger may continue to pursue cost-cutting measures in 2024, which could potentially lead to further layoffs. The company is facing ongoing financial pressures from factors such as rising inflation, supply chain disruptions, and increased competition in the retail industry.

Additionally, Kroger is undergoing a strategic transformation to focus on growth areas such as e-commerce and international expansion. This has involved streamlining operations, consolidating facilities, and implementing automation, which could potentially lead to job cuts in some areas.

Reason for Layoffs

To simplify the companys structure and reduce costs.

Articles

The Great Pause: Inside the Fortune 500 Hiring Slowdown

December 29, 2023

When Snowflakes Turn to Severance Papers: The Most Grinchy Layoffs in Festive History

December 25, 2023

The Robot in the Room: AI and the Looming Shadow over 2024 Jobs

December 21, 2023

Our Top 10 Layoffs by Percentage in 2023

December 20, 2023

Unveiling the Stealthy World of Soft Layoffs

December 20, 2023

New Graduates Guide to Navigating the 2024 Workforce

December 18, 2023

Amidst Layoff Fog, Beacons of Hope: States with Sunshine in the 2024 Job Market

December 17, 2023

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[1]Layoff totals are the totals over the past year and not most recent round of layoffs. Totals will not be exact as it is not possible to track at that level of detail in real time. All information is gathered from SEC filings, WARN notices, news articles, social media posts, and users who post on our site. Layoffinsider uses various ai tools to help gather the data which is then reviewed by humans and cross checked for validity. If you suspect there is incorrect data then please reach out to us for prompt investigation. We want to be the number one trusted source for tracking layoffs.

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