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Whole Foods Market grocery chain, owned by Amazon Inc., is reportedly laying off hundreds of employees. People who will be affected by these latest job cuts are those in the corporate unit.
Whole Foods Market will see several hundred of its corporate employees go, and this is just the latest in a series of layoffs by Amazon, the chain's parent company. The terminations are part of the company's restructuring program to be in better shape in the business.
Unfortunately, while this is being seen as a necessary move for Whole Foods and Amazon to stay in business, hundreds of employees would lose their jobs for the restructuring. The company confirmed the job cuts on Thursday last week.
The grocery chain said it would lessen the number of its operating regions - from nine down to just six. The employees were informed about this plan through an internal memo that was also seen by news publications.
As per Bloomberg, Whole Foods is not getting rid of job positions in the stores or its distribution centers. While the exact number of the affected workers was not posted, it was said that the total number of cuts would be around 0.5% of Whole Foods' total workforce.
The chain of grocery stores operates around 500 locations in the United Kingdom and in North America. In its reorganization, there are also plans to continue opening new stores and aiming for 30 new locations per year.
"We often talk about how simplifying our work and improving how we operate is critical as we grow," CNBC quoted Whole Foods' executive team as saying in the memo. "We have made great progress in these areas through previous operational and organizational changes."
They added, "As the grocery industry continues to rapidly evolve, and as we like all retailers, we have navigated challenges like the COVID-19 pandemic and continued economic uncertainty, it has become clear that we need to continue to build on these changes. With additional adjustments, we will be able to further simplify our operations, make processes easier, and improve how we support our stores."
Photo by: Karsten Winegeart/Unsplash
