Market Chatter: Kroger Plans to Cut About 3,000 Corporate Jobs Over Three Years

05:16 PM EDT, 10/12/2026 (MT Newswires) -- Kroger (KR) plans to reduce more than one-third of its corporate workforce to simplify operations and improve competitiveness under new CEO Greg Foran, Bloomberg reported Monday, citing a memo reviewed by Bloomberg News. The company will cut about 3,000 roles across different functions over the next three years, according to the report. Kroger did not immediately respond to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)