Supervalu Inc. plans to eliminate 800 jobs in the U.S., the company announced Feb. 7. Most of the reductions will take place by the close of the company’s fiscal year on Feb. 25. Cuts include both current positions as well as open jobs that will not be filled, the company said.
The moves are part of what the company calls its strategic plan to remove permanent expenses from its business as well as to reduce overall operating costs, efforts which are necessary in helping the company achieve its plan to deliver more competitive pricing to its customers. The move affects all company offices and crosses most departments within the organization. In general, store level associates will not be affected by the cuts, the company said. Associates whose positions are eliminated will be eligible for severance and outplacement services based on Supervalu’s eligibility guidelines.
In photo at top: Supervalu, which operates numerous banners—including Shaw’s—is eliminating 800 jobs as part of cost-cutting efforts.