CINCINNATI – Kroger Co. is making new job cuts this week, affecting approximately 200 employees of the downtown-based data analytics unit known as 84.51.
According to sources, WCPO employees were notified as Kroger announced on March 11th that they would like to create a new e-commerce business unit. The new unit says it is “aligned with a team that contributes to all aspects of the online customer experience.”
With this promotion, Cosset will be responsible for Kroger’s alternative profit portfolio, including 84.51, Financial Services, Kroger Personal Finance, and its retail media business, Kroger Precision Marketing.
It is not clear whether the new e-commerce unit is pushing for the latest cuts. This comes about a month after a Kroger spokesman granted an early round of employment cuts of around 200 in early February.
“As we continue to provide our customers with fresh, affordable food, we focus on key priority areas that support our strategy towards the market,” the spokesman said. “As part of this prioritization work, we announced that we have restructured teams and eliminated the small number of roles to improve efficiency.”
The new cut is likely to be driven by Kroger’s recent CEO change.
Interim CEO Ron Sargent told a Wall Street analysts last week that the company’s strategic plan for 2025 was “naked” before he arrived.
“I certainly don’t intend to be the CEO as of now,” Sgt. “But on the other hand, our plans are really solid in 2025 and we look forward to being a part of it.”
Sgt., on March 3, on behalf of longtime CEO Rodney McMullen, after a board investigation determined that his personal conduct was “contradictory to Kroger’s policies on business ethics.”
The shocking resignation followed a year after a turbulent turbulence at Cincinnati’s biggest company, including the failed merger with rival grocery chain Albertson and the departure of chief financial officer Gary Millerchick and chief marketing officer Stuart Aitken since February 2024.
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