Overview

• Whole Foods Market plans to lay off hundreds of corporate employees as part of a reorganization.
• The grocery chain will reduce the number of operating regions from nine to six.
• The cuts amount to about 0.5% of Whole Foods' total workforce across 500 stores in North America and the UK.
• Whole Foods expects to continue opening about 30 new stores per year.
• The layoffs coincide with Amazon's effort to reduce costs by winding down marginal or unprofitable projects.