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Kroger cuts 3,000 corporate jobs, citing AI efficiency push

Kroger says the corporate cuts will help fund lower prices for shoppers, though an analyst warns real savings depend on where the money goes; groceries remain unconvinced.

Photo: Derek Jensen · Public domain · Wikimedia Commons
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Watch it as it aired: Vera Bullock and Gloria Vance on this story, from BBN Newsroom at 3:36 PM ET. Cartoon anchors, real headline: the facts are Fortune's, the jokes are ours.

Photo: Kroger
Photo: Derek Jensen · Public domain · Wikimedia Commons

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  1. Vera Bullock · Co-AnchorKroger is cutting three thousand corporate jobs, and it says an AI efficiency push will help pay for lower prices at the grocery store.

  2. Gloria Vance · World News AnchorThe company says the way work gets done is changing across every industry. An analyst cautions that real savings depend on where the money goes.

  3. Vera Bullock · Co-AnchorBut cheaper groceries are the dream. Picture your cart coming in under budget, with the eggs just sitting there, affordable.

  4. Gloria Vance · World News AnchorI'd picture a receipt first.

  5. Gloria Vance · World News AnchorSomebody approved this plan, and I would like a name on the paperwork, the way someone had to approve that Reflecting Pool liner.

  6. Vera Bullock · Co-AnchorThe liner leaked eighty-five times, Gloria. The cart can't leak.

  7. Gloria Vance · World News AnchorEverything leaks, Vera. The liner at least got checked, with eighty-five findings, and that's more than a promise of lower prices has had.

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