Whole Foods Market to cut about 1,500 jobs

September 28, 2015 12:45 PM

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Upscale food market operator Whole Foods Market Inc (WFM.O) said it would cut about 1,500 jobs, or about 1.6 percent of its workforce, over the next eight weeks.

The cuts are aimed at reducing costs as the company invests in technology upgrades, Whole Foods said in a filing. (1.usa.gov/1KOdoMG)

Also read: Kraft Heinz meets cost-cut target of $1.7 billion by 2017 end

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