Thread regarding Whole Foods Market Inc. layoffs

Unfortunate

It is unfortunate that such a great idea has been weighed down and is currently being washed out by greed, lack of experience, and a confusion of identity. Wfm doesn't understand that, above a supervisor position, job postings should be strictly internal. I've seen ASTLs brought in from other companies and then within 5 months are given a store they know nothing about. PFDS TLs with culinary backgrounds who come in thinking the position is that of a sous chef, then get so swamped in paperwork that they run the dept. Into the ground. Our sales are up, our projections are low, our budget for food cost is basically non existent. So where is the money going? Ohhhhh, probably to pay regional salaries, who bring nothing to the company except a knack for sending habitually unnecessary emails hourly, opening stores that don't need to exist, and don't get me started on South Kitchen. Omar has friends there so he will never let it fail, even though they consistently deliver product that looks like it came out of the oldest K&W in America, and whose margins are sometimes 400% higher than if made in house. No business sense, no experience, and no business having our livelihoods in their hands.

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Post ID: @OP+DGvUoFM

3 replies (most recent on top)

So true, especially about South Kitchen

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Post ID: @R93+DGvUoFM

they made the decision to open tons of unnecessary stores in 2014 as a panic move after their stock collapsed..they had to prove to the wall street venture capitalists that mackey covets,that the company was still growing in the face of new competition.this was also when they decided to finally advertise on t.v.,which they probably should have done years earlier.then this may when they had to release earnings the stock took a dive again and once again they put out this hack idea of a "millenials store" the 365 things..just to make themselves look viable to wall street again.but the pricing scandal in new york took the wind out of the sails.they keep making bad decisions when they should realize they are a niche market and work out the angle..keep the venture capital at where it was back in the day..you can google how much stock is owned by hedge funds-its more than 50%.goldmans sachs alone owns like 5 or 6 % of the company..

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Post ID: @aJo+DGvUoFM

Exactly what i was thinking they said that huntersville wouldn't do well but they opened it anyway. And sales are low labor is low so stress is incredibly high . And they plan to open two more stores? If they're loosing money they shouldn't have given away free groceries to customers

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Post ID: @FsO+DGvUoFM

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