Loblaw Companies Limited announced that it is laying off 500 employees in its corporate offices. “As part of a broad cost-control effort we have begun eliminating corporate office roles, including various executives, members of management and colleagues at all levels,” spokesperson Kevin Groh said in a statement, adding that the move will have “no effect on hourly store jobs.”

In a note to staff, company president Sarah Davis said some of the employees were informed Monday and many of the positions will be eliminated immediately. Cuts will come across the country, at office locations including Calgary, Toronto, Winnipeg, Halifax and Montreal.