It's only Supply Chain which they were cutting pre-buyout, the rest of the idiots still have jobs.
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In 2006, Cerberus bought 661 Albertsons stores. A week after the purchase, the company announced the closure of 100 stores within two months. In the years following the purchase, store closures took place in Texas, Oklahoma, Nebraska, South Dakota, Florida and Colorado.
Months after the acquisition, 1,000 workers were laid off. A year later, Cerberus divested of 72 Albertsons fuel centers and sold 49 store locations. More recently, 26 closures were announced in 2012 as part of a broader strategy to shut down 60 stores nationwide. Meanwhile, last year Cerberus acquired SuperValu, Inc., which controls the remaining 564 Albertsons stores.
Similarly, in 2004 Cerberus acquired the Mervyn department store chain. A year later, 4,800 jobs were destroyed and 62 stores shuttered.
Cerberus laying off Safeway employees, that's truth