Albertsons cuts corporate staff

Albertsons plans corporate layoffs
Shares of Albertsons Companies (NYSE:ACI) are trading defensively for the first time in six days after the company said it was letting go of some of its corporate staff to “recalibrate the company to compete in a rapidly changing market.
Albertsons to layoff corporate staff following failed merger
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Albertsons lays off 68 corporate, division staff in Phoenix after failed merger
A month after its failed merger with Kroger, Albertsons is laying off employees, including 68 corporate and division support staff in Phoenix.
Albertsons Laying Off Corporate, Divisional Support Staff
In the aftermath of its failed merger with The Kroger Co., Albertsons Cos. will make reductions in its corporate and divisional support staff, according to a report from Idaho News 6. Albertsons confirmed the move to the news outlet, with a spokesperson saying the layoffs will help the company “compete in a rapidly changing market."
Albertsons focuses on strategy after failed Kroger merger
Albertsons’ renewed focus on customer-centric strategies positions the company to navigate an evolving consumer landscape, Sankaran added, signaling a fresh chapter for the grocery giant, even as the fallout from the failed merger continues to unfold in the courts.
Albertsons Profits Top Estimates in First Quarter Since End of Kroger Merger
Shares of grocery retailer Albertsons rose Wednesday morning after the company reported better third-quarter earnings than analysts had expected, while sales fell just short of estimates.
Albertsons reports modest results as it looks ahead after failed merger
The grocer has “got to accelerate our growth rates to compete with the very, very best in the industry,” CEO Vivek Sankaran told investors Wednesday.
Albertsons cuts corporate staff after failed Kroger merger bid
A statement from an Albertsons spokesperson said the company is laying off a portion of its corporate and division support workforce. The total number of employees impacted is not being disclosed. No store-level jobs are affected,
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