Raley's continued its cost-cutting Friday, laying off 153 workers at its West Sacramento headquarters.
The move came one week after the grocery chain reported it was eliminating the jobs of five top managers.
"This was the final step in a process that was necessary for us to compete in this new world," new CEO Michael Teel said following a series of morning meetings with the laid-off workers, about one-fourth of the headquarters staff.
To comply with WARN Act guidelines that require notifications in advance of large job cuts, Raley's is placing the 153 workers on a fully paid leave of absence for 60 days.
To read the rest of the story, please go to: The Sacramento Bee.
