Channel 6 News - Search Results
Price Chopper announces restructuring
SCHENECTADY - Price Chopper has announced a restructuring of its workforce.
On Wednesday, 80 positions were eliminated, 46 of those positions were open positions eliminated through attrition, and the other 34 were administrative positions.
The restructuring has resulted in 10 positions being added.
The company sites the rising cost of health care, fuel and other costs of doing business as a reason for the restructuring.
“This was a difficult, but necessary decision for us to make as we move forward in today’s challenging economy,” said Price Chopper’s President and CEO, Jerry Golub. “Continuing to focus our efforts on efficiency and innovation will help us to enhance our customers’ shopping experience while providing them with tangible value.”
Those affected were offered severance packages and the opportunity to apply for other positions with the company.
The Schenectady based company, founded in 1932, employees over 22,000 people, and 8,500 of them in the Capital Region.