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Supervalu Cuts 1,100 Jobs

MINNEAPOLIS — Supervalu here on Tuesday said it would cut an estimated 1,100 jobs in the wake of its sale of its largest retail chains.

The reductions include both current positions and open jobs that will not be filled. The final dates for the affected employees vary.

“The decision to reduce our workforce, although difficult because of the impacts to our people, is the necessary next step in the rebuilding of our business,” said Sam Duncan, Supervalu’s newly appointed president and chief executive officer. “This move is an important part of our strategy to be more focused and efficient in our operations, including how we staff and support our three business units going forward.”

The company said that following the sale of its Albertsons, Jewel, Acme and Shaws/Star Market banners, “the remaining organization will require significantly fewer corporate and store support roles and functions, making it important that the company restructure its operations and expenses accordingly.”

The cuts affect almost all of the company’s offices and most departments within the organization. Supervalu said that, “in general,” store-level employees and emplyees of Save-A-Lot will not be affected. Employees whose positions are eliminated will be offered severance and outplacement services based on Supervalu’s eligibility guidelines.

TAGS: News Supervalu
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