Thread regarding Whole Foods Market Inc. layoffs

OK Jana Partners, flex your muscle...

We have 90,000 plus talented people at WFM and less than 100 are dismantling it day by day. Please clean house on our Board of Directors and kill the diffusion of responsibility and group think that takes place in our central and regional offices.

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| 1669 views | | 10 replies (last May 24, 2017) | Reply
Post ID: @OP+MZv2g5e

10 replies (most recent on top)

Get rid of the pot heads and drug addicts.

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Post ID: @sopj+MZv2g5e

Jana achieved one thing: They raised the stock price. They bought at $27 or so, then fired off a letter insisting that management wave a magic wand and fix everything so that someone, ANYONE would want this hot mess. Well Jana and every other investor with a brain cell knows that the same idiots that created this disaster sure aren't going to be able to fix it, especially while cutting labor further. Soooooo....The only possible conclusion that one can draw is that Jana is luring in more credulous fools to take a flyer on some magical mystery buyout so that Jana can cash out. There is no magic fix, there is no mystery buyer willing to overlook all the flaws, and there is no takeover afoot. It's all just a financial shell game. As long as the same global and regional asshats are running the show, don't expect ANYTHING positive to happen. And any day now, I expect that Jana will quietly start selling shares and walk away. Even if the price drops a bit on that news, they will still have made $$$$.

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Post ID: @9txf+MZv2g5e

Be warned- PE firms are truly in it for their personal gain- take it from experience!! There is no concern for whats left of morale, culture or tenured excellent TM's. It's all done by spreadsheet which you can't add a column for doing the right thing on. They will cut it up for chum with hopes to sell for a vast profit and run- Green Trust at least let Mgmt call the shots- despite how that worked out!

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Post ID: @2nit+MZv2g5e

It will be bye bye to the 24-32 an hour for team leaders

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Post ID: @2ene+MZv2g5e

Lol. You think Jana is sweeping in to help team members. They look at that 90k and say hey we can cut that to 70. Cuts will happen at every level. The only thing Jana cares about are it's pockets. Investors will benefit first, customer second. All else doesn't matter

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Post ID: @1avz+MZv2g5e

...but the one puh-cent!

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Post ID: @1key+MZv2g5e

Aruba s---s and won't make your tiny ----- any bigger.

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Post ID: @1mmh+MZv2g5e

Nothing is happening . 😄 You trolls keep on that treadmill while the top lives great. You guys are the best , meanwhile I'm on vacation in Aruba 🤗

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Post ID: @1lba+MZv2g5e

Well put.

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Post ID: @1flu+MZv2g5e

Hahahahaha

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Post ID: @1xbw+MZv2g5e

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