Market Basket CEOs: We're not laying off workers

BOSTON (AP) — Market Basket’s new CEOs denied Thursday that the supermarket chain was laying off workers, saying store directors have been told to adjust workers’ hours to meet current demand, and that the company hopes to get back to normal business levels soon.

Following reports that part-time employees would see their hours drastically reduced or cut starting this weekend at the troubled grocery, company co-CEO Felicia Thornton said in a statement that store directors “are to let their associates know that they are not laid off.”