Golub Corporation eliminates positions


By Enza Macherone

According to an April 3 article from the Business Review, Price Chopper, a locally headquartered supermarket chain, recently eliminated 80 positions.

The layoffs included 34 administrative staff positions, which marks the first time in the Golub Corporation’s history that office staff positions have been terminated. The layoffs, which included a cut to 46 open positions, were made in order for the company to save money and “stay competitive.” According to the Business Review, “The layoffs were spread across many departments, and include people who work at the six-story headquarters on Nott Street in Schenectady.”

Despite the layoffs, The Daily Gazette reported that 10 new positions have been added in a restructuring process in order for the company to take a new direction. “The company attributed the layoffs to the rise in healthcare, fuel and other business costs and said the restructuring was one of many steps being taken to decrease administrative expenses,” the release reported.

Price Chopper currently has a FuelAdvantage program for shoppers that spend a certain amount and then get 10 cents off a gallon of gas.

Last summer, the amount a shopper had to spend in order to receive the 10-cent discount was raised from 50 dollars to 100 dollars. The program, which saved many Price Chopper customers up to one dollar off of each gallon, was changed and “the money saved from the cuts [went] toward lowering food prices.”

In terms of future layoffs, the Golub Corporation, headed by Price Chopper President and CEO Jerry Golub, said that none are being considered at this point in time. “This was a difficult, necessary decision for us to make as we move forward in today’s challenging economy,” said Golub in the release.


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