Whole Foods to cut several hundred corporate jobs, CNBC reports

Whole Foods, which is owned by Amazon, is laying off several hundred corporate employees amid a planned restructuring of certain teams, CNBC’s Annie Palmer reported Thursday, citing a company memo. "We often talk about how simplifying our work and improving how we operate is critical as we grow," the executive team said. "We’ve made great progress in these areas through previous operational and organizational changes. As the grocery industry continues to rapidly evolve, and as we – like all retailers – 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." Reference Link