Kroger Lays Off 1,000 Corporate Workers in Cost-Cutting Move

Kroger Co. is laying off nearly 1,000 corporate employees as the grocery-store operator moves to trim costs and simplify its business following its failed deal with Albertsons Cos.

The company is making structural changes to its teams across the US, interim chief executive officer Ron Sargent said in a memo to staff on Tuesday.

“These decisions are never easy, but we know thoughtful, yet difficult, choices are necessary to set our organization up for continued success,” Sargent said in the memo. He added that Kroger will reinvest savings into other areas, such as lowering prices, opening new locations and creating ...