Whole Foods (WFM) has announced that it’s cutting 1,500 employees from its workforce of 91,000 people.
The Whole Foods layoffs are going to take place over the next couple of months and represent more than 1% of its employees. It hasn’t announced what positions are being cut as part of the layoffs, but did say that many of these employees may be able to find new jobs in positions at the company that need filled, reports USA Today.
Whole Foods said that many of the open positions that employees losing their jobs could get will be at its new stores that it’s planning to open. It also said that the job cuts would allow it to better focus on technology, USA Today notes.
Whole Foods currently has 2,000 open positions in its stores that those being laid off may be able to move to. However, it also said that it will have severance packages ready for anyone that ends up leaving the company as part of the layoffs, reports The Wall Street Journal.
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