BRAMPTON, Ont. — Loblaw Companies Ltd. is reducing its management and administrative ranks by 275 employees.
The company, Canada's largest grocer, provided no details on the downsizing in a brief email response to inquiries on Wednesday.
It said only that the move was being made to streamline the organization and strengthen its competitive position and gave no breakdown on those being let go.
It was also unclear if all or most of the job cuts would be at company headquarters in Bampton, Ont., or whether some of the cuts might involve retirements.
"This move is part of our commitment to becoming a more agile company better prepared to compete in the marketplace and with a continued focus on our customers' experience in our stores,'' the email said.
"A key to our long-term success will be our steadfast commitment to managing administrative costs and improving processes while we continue to invest in strategies that focus on our customer and her needs and wants,'' it said.
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