Whole Foods layoffs are expected nationwide just shortly after Whole Foods Market (WFM) was caught overcharging customers. The layoffs of 1,500 jobs were announced by the grocery chain Whole Foods on Monday and it is supposed to affect mostly employees working in the stores.
As reported by Chron on September 28, “Whole Foods is cutting about 1,500 jobs over the next eight weeks as it looks to lower prices and keep up with competition.” The layoffs represent about 1.6 percent of the grocery chain’s workforce.
According to Whole Foods Market Inc. representatives, the layoffs are not expected to be detrimental to its in-store workforce since the company has nearly 2,000 open positions across the company, especially in the more than 100 new stores that are in development.
Overall, Whole Foods says it hopes the layoffs will help reduce costs for consumers of the upscale organic grocery store. Consumers have nicknamed the chain “whole paycheck” because of its reputation for high prices. Adding the recent discovery by New York City’s Department of Consumer Affairs that Whole Foods stores were overstating the weight of some pre-packaged products, like chicken tenders and a vegetable platter, it is no surprise that the company is looking for a shake-up and blaming employees for a lack of training.
Whole Foods layoffs are expected across the United States and Canada while the grocery chain is planning to open new “365” stores in Los Angeles,California; Bellevue, Washington; Houston, Texas; and Portland, Oregon. The upscale organic grocer plans to launch the low-cost chain of stores in order to keep up with the competition, get rid of its reputation for high prices, and to appeal to a broader audience. As Walter Robb, Co-CEO of Whole Foods Market, said in an interview, the layoffs are part of the company’s “evolution” that will “free up some money to invest in lower prices, marketing and technology upgrades.”