The move is described as part of a larger cost-cutting move at the supermarket operator, which generates about $9.7 billion in annual sales and has more than 420 retail locations in western Pennsylvania, north-central Ohio, northern West Virginia, Maryland and Indiana.
The company confirmed that it was laying off some employees after offering buyouts to some headquarters staff beginning in mid-October.
“As Giant Eagle continues to face a challenging food retail climate, the company is in the process of making numerous business decisions that will allow us to invest in both our business and our customers for years to come, ensuring a healthy working environment for our approximately 34,000 team members,” a company spokesman said in a statement.
“In recent weeks these decisions have included engaging interested team members in conversations about voluntary separation from the company. Beyond the voluntary separation agreements that have resulted, the company has made the difficult decision that additional positions across its corporate offices must be reduced. Considering both voluntary and involuntary actions, approximately 350 total positions have been eliminated as the company streamlines its corporate operations.”