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Tuesday, September 29, 2015

Whole Foods Market to cut about 1,500 jobs

http://www.cnbc.com/2015/09/28/whole-foods-market-to-cut-about-1500-jobs.html

Upscale food market operator Whole Foods Market said it would cut about 1,500 jobs, or about 1.6 percent of its workforce, over the next eight weeks.
The cuts are aimed at reducing costs as the company invests in technology upgrades, Whole Foods said in a filing.
The affected positions were mainly in stores, but "back of house" positions that were not customer facing, the company said in an email to Reuters.

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