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.
