Headlines

7-Eleven Cuts Almost 900 Corporate Jobs

The layoffs come one year after the C-store chain’s acquisition of rival

Published

2 years ago

July 22, 2022

VMSD Staff

7-Eleven Cuts Almost 900 Corporate Jobs — Roman Tiraspolsky, iStock

Roman Tiraspolsky, iStock

7-Eleven (Irving, TX) has laid off 880 corporate employees a little more than a year after completing the acquisition of convenience store rival Speedway, CNBC reports.

“As with any merger, our integration approach includes assessing our combined organization structure,” a 7-Eleven spokesperson told the outlet. “The review was slowed by Covid-19 but is now complete, and we are finalizing the go-forward organization structure.”

The layoffs impacted workers at the company’s Erving, TX and Enon, OH support centers, as well as those in field support roles.

Seven & i Holdings, the Tokyo-based parent company of 7-Eleven, agreed to acquire the Speedway C-store chain for $21 billion a few months after the coronavirus hit the U.S. The acquisition officially closed in May 2021.

Read more at CNBC.

VMSD Staff

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