Thread regarding Kroger Co. layoffs

It's about shareholders

This is not a company that cares or values their employees, the people on the front lines making them their 121 billion. It's about their shareholders, failing business deals and being on top. All the talented a nd well seasoned employees will leave eventually if not fired or laid off leaving them with an inexperienced work force that's a joke. Good luck Kroger.

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| 1651 views | | 4 replies (last December 27, 2019) | Reply
Post ID: @OP+12EveX5h

4 replies (most recent on top)

@12EveX5h-3aup exactly right. You don't have a company without grocery 101 stuff: Attracting and retaining good ppl is what trickles down to a good customer experience which is your long term success.

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Post ID: @4sac+12EveX5h

As a former KR shareholder (sold off my last shares 2 years ago), I agree. Poor customer service and wringing every drop of productivity out of the remaining employees may give the company's stock a short-term boost, but in the long term it will bite the company in the a– hard. Shareholders (especially large institutional shareholders such as mutual funds, index funds, and other large stakeholders) are important, but ultimately it's all about the customer and their shopping experience.

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Post ID: @3aup+12EveX5h

Not sure those benefits are worth dying for - but I guess we will see..

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Post ID: @3zfa+12EveX5h

Most will not leave because they are union members and as such have very good benefits they could not obtain elsewhere in the service sector of the economy.

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Post ID: @2pww+12EveX5h

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