US Foods Confirms Layoffs in Bid for Corporate Restructuring
ROSEMONT, IL - US Foods has confirmed plans to trim its structure over the next year and a half by streamlining operations.
This announcement comes weeks after the Wall Street Journal reported that the distributor delivered an intention to restructure its headquarters, including cuts to jobs in corporate roles like accounting, IT services, and human relations.
"On October 20, we announced plans to improve the efficiency of our corporate support functions," US Foods’ Senior Director of Corporate Communications Debra Ceffalio said in a statement from Tuesday, Novevmber 8, according to the Chicago Tribune. "This is a continuation of work we did before our IPO to streamline our field operations and something we believe will further support our long-term growth."
Sources stated that an undisclosed number of layoffs will take place in both the Chicago headquarters and its Tempe, AZ-based support office over the next 12 to 18 months, according to the news source. Hundreds of positions are said to be eliminated in the move, though Ceffalio did not wish to reveal a specific number.
She did comment however, that combined with "expected attrition," it would affect only a "small percentage" of corporate employees between the two offices, the Tribune reported.
US Foods released its third quarter report of fiscal 2016 yesterday, beating expectations for the quarter, while raising its expectations for the year.
