Reposted by Stefany
Kroger just announced the largest layoffs in its history, with plans to cut 3,000 employees as it ramps up use of AI.
Reminder that Kroger has spent $12.3B on stock buybacks since 2019 and paid its CEO $14M last year — 417x its median worker's pay.
AI is turbo-charging corporate greed.
newsweek.com
Kroger plans largest layoffs in its nearly 150-year history
The company's CEO said it was committed to "simplifying" operations and "deploying more resources where they matter most
