Skip to content
-
Subscribe to our newsletter & never miss our best posts. Subscribe Now!
FrankNez About FrankNez FrankNez

Journalism & News

FrankNez About FrankNez FrankNez

Journalism & News

  • News
  • U.S. Banking
  • Crypto
  • Stock Market
    • Retail Investors
    • Hedge Funds
    • Market Manipulation
  • Blog
  • About
    • Editorial Policy
    • Privacy Policy
  • News
  • U.S. Banking
  • Crypto
  • Stock Market
    • Retail Investors
    • Hedge Funds
    • Market Manipulation
  • Blog
  • About
    • Editorial Policy
    • Privacy Policy
Close

Search

  • Facebook
  • X
  • LinkedIn
Subscribe
Will AMC Shareholders Ever Make Their Money Back
May 31, 2026
Will AMC Shareholders Ever Make Their Money Back?
AMC Stock News - CEO Adam Aron Buys Shares - FrankNez AMC News
May 19, 2026
AMC’s CEO Just Bought More Stock, Is Now Time To Buy?
Goldman Sachs Lawyer Kathy Ruemmler Resigns amid Epstein files
February 14, 2026
A Former FINRA Board Member Now Resigns from Goldman After Epstein Email Embarrassment
House Financial Services Committee SEC Chair Paul Atkins Hearing
February 11, 2026
House Financial Services Committee Says SEC Politicized Rulemaking During Gensler’s Tenure
Short Sellers Have Now Lost a Whopping $355bn
July 24, 2025
Short Sellers Have Now Lost a Whopping $355bn
Cramer Now Speaks on AMC Amid Bullish Bet on IMAX
July 21, 2025
Cramer Now Speaks on AMC Amid Bullish IMAX Bet
AMC Now Soars 11%, Is A Short Squeeze Imminent?
July 11, 2025
AMC Now Soars 11%, Is A Short Squeeze Imminent?
News - AI Is Now Slashing More Jobs At Hiring Companies
July 10, 2025
AI Is Now Slashing More Jobs At Hiring Companies
Home/Banking News/A Massive Grocery Is Now Cutting Major Job Roles

A Massive Grocery Is Now Cutting Major Job Roles

By Frank Nez
April 16, 2024
2

A massive grocery is now cutting major job roles a little over a year after the discounter let go of roughly 200 workers stateside.

Discount grocer Lidl has undergone a fresh set of layoffs stateside, a Lidl US spokesperson said in an email.

The cuts impacted corporate roles across three units at Lidl US.

People impacted by the layoffs held roles ranging from administrative assistant to senior IT specialist, according to LinkedIn posts.

The layoffs come a little over a year after Lidl US let go of roughly 200 employees — primarily impacting employees at its U.S. headquarters in Arlington, Virginia.

The layoffs are the latest move by Lidl to rightsize its operations in the U.S. as it struggles to gain ground while rival Aldi hits the accelerator.

“Lidl US made the difficult decision to eliminate corporate roles across three functions within the business. While this is never an easy decision, we believe it is the right one for the business,” the spokesperson wrote.

The Lidl US spokesperson declined to say how many workers were impacted.

LinkedIn posts from several laid-off employees noted that the layoffs are part of a corporate restructuring plan.

A marketing manager who was laid off noted in a LinkedIn video posted Thursday that graphic designers, content producers, social media managers and information technology workers were included in the layoffs.

Laid-off Lidl US workers will receive severance packages and career transition support, the spokesperson said.

The job cuts last year came at a time when Lidl US was undertaking a corporate restructuring and aiming to boost its financial health.

Lidl US also underwent a round of layoffs at its U.S. headquarters a few years prior, according to German business publication Lebensmittel Zeitung.

Lidl opened its first U.S. stores in 2017 but has struggled to hit its stride and grow stateside.

Meanwhile, competitor Aldi, which entered the U.S. in the 1970s, continues to rapidly expand its store fleet, with plans to open an additional 800 stores by the end of 2028, reports Grocery Dive.

For more news and updates like this, opt-in for push notifications.

Also Read: A Massive Grocery Brand Now Files For Chapter 11 Bankruptcy

Other Economy News Today

Market News Today - A Massive Grocery Is Now Cutting Major Job Roles.
Market News Today – A Massive Grocery Is Now Cutting Major Job Roles.

This massive mall retailer now closes for good as theft drives its downtown area into a “doom loop”, say officials.

Macy’s has closed store doors for good alongside pharmacies and gas stations in Missouri.

St. Louis, Missouri used to have a busy downtown area, however, it’s become a dangerous place stricken with crime and empty office buildings, reports The US Sun.

A report from the Wall Street Journal on Tuesday described the “real estate nightmare” with stories of boarded-up shops and raids by police and firefighters to search for squatters and missing people.

These raids can be chaotic at times – in 2023, a search dog fell through an open window and died. Another time, a fire broke out by who authorities believed to be copper thieves.

The largest building in the city, a 44-story mammoth once owned by AT&T, is now empty after it was sold for about $3.5 million, a massive decline from 2006 when it sold for $205 million.

“Cities such as San Francisco and Chicago are trying to save their downtown office districts from spiraling into a doom loop. St. Louis is already trapped in one,” The Wall Street Journal reported.

The locals are perhaps the most fed up than anyone regarding the state of downtown with many finding the empty shops and restaurants depressing, resulting in fewer people commuting there.

The seemingly endless cycle ramped up in the years after the pandemic, which emptied out office buildings.

St. Louis’ central business district used to be home to steep foot traffic compared to other major US cities and while it has improved in the last year, it’s at a slower rate than many cities in the Midwest.

The city has also been losing residents since the Covid pandemic with the population dropping below 300,000 in 2020 – the first time this has happened since the mid-1800s.

For more news and updates like this, opt-in for push notifications.

Also Read: A Massive US Bank Is Now Freezing Customers’ Money

Market News Published Daily 📰

Market News Today - A Massive Grocery Is Now Cutting Major Job Roles.
Market News Today – A Massive Grocery Is Now Cutting Major Job Roles.

Don’t forget to opt-in for push notifications so you don’t miss a single article!

Also, thank you to all of our blog sponsors.

This year we’ve been able to increase push notifications slots making it more convenient than ever for new readers to receive their daily market news and updates.

Scroll below to view my stock purchases this month!

You can also follow me on X (Twitter), Instagram, Facebook, or LinkedIn for daily news and updates on your favorite stories.

More Market News 📰

Frank Nez’s Stock Portfolio

Wondering which stocks Frank Nez is holding? Which stocks is Frank Nez buying?

Frank Nez is now sharing his exclusive and personal stock portfolio with readers, only on the Patreon.

11/16/2023 – Today I invested $1,000 in two different stocks for a brand new stock dividend portfolio I am creating for 2024.

View Stock Portfolio

Recommended For You ✨

  • A US Bank is Now Denying Customers Access to Money
  • Wells Fargo is Now Freezing Bank Accounts in New Scandal
  • Florida Now Has Massive Departures As Hundreds of Thousands Leave
  • SNAP Benefits Will Now Increase For The Year 2024
  • A Giant Company Now Announces Unexpected Layoffs in Virginia
  • The US Treasury Direct is Now Freezing Customer Accounts


Tags:

Business NewsFinance NewsInvesting NewsJPMorganMarket NewsStock Market News
Author

Frank Nez

Frank Nez is an American entrepreneur, journalist, writer, and investor. Frank's work has been cited by SEC and Congressional reports. Franknez.com is a personal finance and market news blog, dedicated to publishing content on money, investing, entrepreneurship, and retail investor news.

Follow Me
Other Articles
Market News Today - A Giant Plant in Illinois Now Makes Unexpected Layoffs
Previous

A Giant Plant in Illinois Now Makes Unexpected Layoffs

Market News Today - A Giant Manufacturer Now Announces Unexpected Layoffs in California
Next

A Giant Manufacturer Now Announces Unexpected Layoffs in California

2 Comments
  1. Frank Nez says:
    April 16, 2024 at 11:06 pm

    Leave your thoughts below.

  2. Frank Nez says:
    April 16, 2024 at 11:06 pm

    For more news and updates like this, opt-in for push notifications.

Comments are closed.

NEW POSTS

  • Will AMC Shareholders Ever Make Their Money Back
    Will AMC Shareholders Ever Make Their Money Back?
  • What it's like to drive a BMW X3
    What It’s Like to Drive and Live With a G01 BMW X3
  • UFO Files Now Spark End of Times Biblical Speculations
    UFO Files Now Spark “End of Times” Biblical Speculations
  • AMC Stock News - CEO Adam Aron Buys Shares - FrankNez AMC News
    AMC’s CEO Just Bought More Stock, Is Now Time To Buy?
  • Red Ferrari by other luxury supercars.
    Defeat and Failure Are Not The Same Thing
Unlock your personal brand ebook

Trending Market News 📈

Vanguard and BlackRock Now Enter Lawsuit For Market Manipulation

Vanguard and BlackRock Now Enter Lawsuit For Market Manipulation

Frank Nez
By Frank Nez
August 5, 2025
Citadel Securities Is Now Warning The SEC About Using Blockchain

Citadel Securities Is Now Warning The SEC About Using Blockchain

Frank Nez
By Frank Nez
July 22, 2025
Cramer Now Speaks on AMC Amid Bullish Bet on IMAX

Cramer Now Speaks on AMC Amid Bullish IMAX Bet

Frank Nez
By Frank Nez
July 21, 2025
AMC Now Soars 11%, Is A Short Squeeze Imminent?

AMC Now Soars 11%, Is A Short Squeeze Imminent?

Frank Nez
By Frank Nez
July 11, 2025
Economists Now Say Prices Will Continue To Rise, "This Is Just The Beginning"

Economists Now Say Prices Will Continue To Rise, “This Is Just The Beginning”

Frank Nez
By Frank Nez
July 11, 2025
Hedge Funds Are Now Throwing Each Other Under The Bus

Hedge Funds Are Now Throwing Each Other Under The Bus

Frank Nez
By Frank Nez
July 8, 2025
News - GameStop Short Seller Now Looks To Sway Criminal Charges

GameStop Short Seller Now Looks To Sway Criminal Charges

Frank Nez
By Frank Nez
July 8, 2025
World’s Largest Pension Fund Now Loses $61bn As Dollar Falls

World’s Largest Pension Fund Now Loses $61bn As Dollar Falls

Financial Desk Team
By Financial Desk Team
July 6, 2025
News - S&P Report: The US Dollar Is Primed To Weaken Further

S&P Report: The US Dollar Is Primed To Weaken Further

Frank Nez
By Frank Nez
July 4, 2025
News - Jim Cramer Now Says Palantir Will Hit $200 Despite Public Outrage

Jim Cramer Now Says Palantir Will Hit $200 Despite Public Outrage

Frank Nez
By Frank Nez
July 4, 2025

About

FrankNez is a financial news blog founded by American Journalist Frank Nez.

Email: contact@franknezmedia.com

Contact: media@franknez.com

Recent Posts

  • Will AMC Shareholders Ever Make Their Money Back?
  • What It’s Like to Drive and Live With a G01 BMW X3
  • AMC’s CEO Just Bought More Stock, Is Now Time To Buy?
  • Defeat and Failure Are Not The Same Thing
  • Here’s How Our Small Business Made 5-Figures in 90 Days

Mentioned By

Yahoo Finance - FrankNez

Company

Privacy Policy

Editorial Policy

About FrankNez

Copyright 2026 — FrankNez. All rights reserved. Blogsy WordPress Theme