Whole Foods Cutting 1,500 Jobs

Whole Foods is cutting 1,500 jobs over the next two months, or about 1.6 percent of its workforce, as it focuses on its strategy to lower prices for customers, the grocery chain said Monday. The cuts come after Whole Foods added more than 9,000 jobs in the past year. The company said it expects "a significant percentage" of employees being let go to find other jobs among Whole Foods' open positions, including those available due to more than 100 new stores that are set to open. Whole Foods has about 91,000 employees and 431 stores across the U.S., U.K. and Canada.