Thread regarding Whole Foods Market Inc. layoffs

The PR on 09/28 meant that we are 'laying-off 1500 employees so that we can invest in 'pricing and technology' We all know its more than 1500.

Apparently, both the investment world and employees believed that this company wants to 'invest in pricing and technology. But wait! On the 12 Oct 2015, they announced that they 'made a minority investment in Mendocino Farms' a restaurant chain based in LA. The terms of the investment was not disclosed. 'I thought this is a publicly traded company'...where is the transparency? Hey guys, seems like employees have to pay the price for management errors! A double-edged sword for 'values-matter' as there

are no longer values at this company.

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| 422 views | | 3 replies (last October 29, 2015) | Reply
Post ID: @OP+Ebnopk9

3 replies (most recent on top)

*Mcdonalds out of walmart

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Post ID: @12eG+Ebnopk9

Its kind of like how mcdonalds operates out of mcdonalds, and Starbucks from target...

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Post ID: @19hE+Ebnopk9

I think the next evolution, perhaps in these 365 stores, is contracting space. It's happened in NYC, where some small vendors/food purveyors will set up temporary shop as a special rotating event. They need to remove the cost associated with labor and risk inherent in a traditional Prepared Foods/Kitchen concept in order to make the 365 concept work. It's cheaper than operating a commissary kitchen to just have other companies operate like it for you.

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Post ID: @1v6P+Ebnopk9

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