Loblaws lays off 500 office workers

Loblaw Companies has laid off 500 office workers in a cost-cutting drive

Loblaw Companies Ltd. is laying off 500 of its office workers, but the company says it still expects to create more jobs than it eliminates this year.

“Today is a very difficult day,” wrote president Sarah Davis in a memo to employees informing them about the job cuts.

Some of the laid off employees were told Monday and many of the positions will be eliminated immediately, she said.

The 500 jobs come from all levels of store-support offices, she said, including various executives.

“Our business is at an inflection point, with growing pressures — from new costs and new competition — and with many opportunities to grow and evolve,” Davis said, adding the company remains committed to reducing costs and running efficiently.

Loblaw (TSX:L) is making major investments in omni-channel, financial services and other growing areas and expects to create hundreds of near-term jobs and be a “considerable net-job-creator this year,” she said.

The decision comes after Metro Inc. (TSX:MRU) announced last week it would eliminate about 280 jobs starting in 2021 as the grocery-store chain modernizes and automates its distribution network. Metro said the choice is unrelated to its efforts to offset added costs from Ontario’s rising minimum wage.

Grocers and other retailers have expressed concerns over rising minimum wages in some Canadian provinces.

Loblaw spokesman Kevin Groh said the grocery industry faces a variety of pressures and the announced job cuts don’t relate to any single one, including rising minimum wage.

Loblaw employs about 200,000 people, he said.

Follow @AleksSagan on Twitter.

Aleksandra Sagan, The Canadian Press

Just Posted

What does Ladysmith think about the increase in property taxes?

We asked Ladysmith residents how they feel about this year’s tax hike

Old police station development going ahead as “mixed-use” site

Fred Green hosted the second public consultation on what should be done about the decrepit building

LSS students ready to compete at district wide robotics competition

Students will showcase their engineering savvy with VEX robotics

Ladysmith hikes property taxes by 3.4 percent

Council approves 2019 budget that reflects the rising cost of materials and services

B.C. man’s failed bid to bar People’s Party name from byelection ends in $20k order

Federal judge shut down ‘nonsensical’ motion to bar use of party name in Nanaimo-Ladysmith byelection

New airline regulations bring compensation for tarmac delays, over-bookings

Some of the new regulations will roll out in July, while others are expected for December.

Pacific Rim National Park Reserve investigating after sea lion found shot in the head

Animal is believed to have been killed somewhere between Ucluelet and Tofino

B.C. port workers set to strike on Monday in Vancouver

A strike at two container terminals would affect Canadian trade to Asia

Volunteers already rescuing fry from drying creekbeds around Cowichan Lake

It’s early but already salmon fry are being left high and dry

Prepare yourself for tick season, says Island Health official

2017 saw three reported cases of Lyme disease

So, they found ‘Dave from Vancouver Island’

Dave Tryon, now 72 and living in North Delta, will reunite with long-ago travelling friends in Monterey, Calif.

Scheer says it would take Conservatives five years to balance budget

Scheeraccused the Liberal government of spending $79.5 billion of previously unbudgeted funds

B.C. man, 30, arrested for driving his parents’ cars while impaired twice in one day

The Vancouver-area man was arrested after officers caught him driving impaired twice in one day

Most Read