TradingKey – US supermarket chain operator Kroger (KR) plans to eliminate about 3,000 corporate and functional roles over the next three years, accounting for approximately 37% of Kroger’s headquarters workforce. If fully implemented, the company’s corporate headcount will drop from about 8,200 to around 5,200, making it one of the largest workforce reductions in Kroger’s 143-year history.

According to an internal memo obtained by Bloomberg, new Chief Executive Officer Greg Foran told employees after an all-company conference call that Kroger’s current organizational hierarchy and operating costs are overly complex. He stressed the need to streamline the structure to accelerate decision-making and channel more resources into price cuts,…