Grocery chain Whole Foods is cutting about 1,500 jobs, or 1.6 percent of its workforce, over the next eight weeks as it looks to lower prices and keep up with competition.
Whole Foods Market Inc. said Monday that many of the reductions will come through attrition. It anticipates workers whose jobs are cut will find other jobs from the almost 2,000 open positions across the company or from new jobs that will be created by more than 100 new stores in development.READ MORE: COVID Vaccine Mandate Takes Effect For Workers At New Jersey Schools, Colleges, Universities And State Agencies
Whole Foods was recently hurt by bad publicity when New York City officials found it was overcharging customers.READ MORE: FDA, CDC May Approve COVID Vaccine Booster Shots For Millions This Week
The company has been facing intense competition, with the organic offerings it’s known for becoming more widely available. It’s trying to appeal to a broader audience, with plans to open a new chain of stores with lower prices.MORE NEWS: Vote To Be Held On Removing Thomas Jefferson Statue From New York City Hall
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