Pin It
Favourite

Friday, November 24, 2017

800 Sobeys employees laid off just in time for the holidays

That warm Sobeys festive touch.

Posted By on Fri, Nov 24, 2017 at 7:26 PM

click to enlarge VIA YOUTUBE
  • VIA YOUTUBE

As reported by everyone today, some 800 workers for the Sobeys grocery chain are losing their jobs thanks to corporate restructuring.

According to the Chronicle Herald, 150 of those job losses are office workers in Nova Scotia.

The company’s Stellarton headquarters will be hit particularly hard. The corporate head office will lose 100 employees.

The job losses are part of an effort to reorganize and recover from several poor financial years blamed on increasing competition and a western Canada expansion via the grocer’s $5.8-billion acquisition of Safeway back in 2013.

Last month the company terminated dozens of executive positions across the country as part of its “Project Sunrise” cost-cutting efforts. The goal is to save $500 million in annual costs by 2020.

Empire has promised job cuts from “Project Sunrise” won’t affect frontline grocery or warehouse employees.

This week’s layoffs account for 20 percent of Sobeys’ office workforce.


Tags: , , , ,

Survey Asks

What do you want more of next year in The Coast?

  • Court coverage
  • Local athletics
  • Provincial politics
  • Science and research
  • Hastily conceived polls

View Results

Comments (2)

Showing 1-2 of 2

Add a comment

 
Subscribe to this thread:
Showing 1-2 of 2

Add a comment

Remember, it's entirely possible to disagree without spiralling into a thread of negativity and personal attacks. We have the right to remove (and you have the right to report) any comments that go against our policy.

Coast Top Ten

Opinionated

More »

Reality Bites

More »

Shoptalk

More »

In Print This Week

Vol 25, No 29
December 14, 2017

Cover Gallery »


Real Time Web Analytics

© 2017 Coast Publishing Ltd.