(Reuters) -Kroger is laying off nearly 1000 corporate workers, Bloomberg News reported on Tuesday, citing a memo sent to staff by interim CEO Ron Sargent. The company, as of February, employed over 409,000 staff, with most of them working in stores. The grocer had said in June it would close about 60 underperforming stores over the next 18 months. Kroger will reinvest savings into other areas, such as lowering prices, opening new locations and creating store-level jobs, the memo said, according to the report. 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads. Should you invest $1,000 in KR right now? ProPicks AI analyzes thousands of stocks using 100+ institutional-grade financial metrics to identify the strongest opportunities. With 80+ strategies across global markets, you might be surprised where KR appears. Our flagship Tech Titans strategy doubled the S&P 500 within 18 months, including notable winners like Super Micro Computer (+185%) and AppLovin (+157%). Each strategy refreshes monthly with 10-20 high-conviction picks. Even if KR isn't currently featured, you'll discover similar opportunities in the same industry or theme—stocks the AI identifies before they breakout. Now up to 50% off while our Summer Sale lasts.

Senior and mid-level roles vanish as AI and trade headwinds challenge India’s $250 billion IT services sector. #AI #TCS #Wipro

Walmart Jobs cut: Walmart is reportedly cutting hundreds of store-support roles as part of an ongoing effort to simplify its operational structure. The move eliminates market coordinator positions and...

The chipmaker is cutting hundreds of positions in the desert amid an organization-wide overhaul prompted by flagging performance.

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Spending by federal workers stimulates local economies. Once they’re laid off, that could affect nearby businesses, like restaurants.

Amazon Layoffs: This will mark one of the largest workforce reductions in Amazon’s history, impacting divisions such as Amazon Web Services (AWS), retail operations, and human resources.

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While only two months into 2025, DMV residents have already faced a deadly plane collision, a series of executive orders, and federal worker layoffs.

If you’re a layoff survivor, how can you regain a sense of control over your work life? When Your Coworkers Got Laid Off — But You Didn’t