So Kroger is planning to eliminate 3,000 corporate jobs over the next three years. Apparently around 10,000 people were invited to the announcement call, which would make this a pretty significant reduction.
From what employees are saying, this isn't just IT. HR, merchandising, buyers, retail operations, KTD, 84.51 and Kroger Precision Marketing could all be affected.
The bigger concern seems to be offshoring. People at 84.51 say work has already been moving overseas for the past year. Others are reporting that Deloitte India employees are shadowing existing technology teams and being trained to take over their responsibilities. Someone on here mentioned managers suddenly asking for documentation and technical diagrams. Makes you wonder how much of this has already been planned.
And three years? That's three years of wondering whether you're next. How do you plan a vacation, buy a house or make any major financial decision with that hanging over your head?
Some people think the savings will go back into stores, lower prices and better staffing. Others believe it will just mean more stock buybacks, dividends and executive bonuses.
The real question is whether Kroger is actually eliminating unnecessary positions or simply replacing experienced American employees with cheaper offshore labor.
Anyone on the corporate side hear more specifics about which departments are being targeted first? And has anyone been given an actual timeline?