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Whole Foods To Lay Off 1,500, Mainly At Store Level

Whole Foods Market will layoff 1,500, most at the store level.
Whole Foods Market will layoff 1,500, most at the store level. Photo Credit: File photo

WHITE PLAINS, N.Y. -- Reeling from competition and shrinking sales, Whole Foods will lay off 1,500 workers, or 1.5 percent of its workplace, according to reports from forbes.com .

Most of the cuts will come at the store level, where 30 percent of the staff works part-time.

This follows bad publicity over the months, causing its stock to drop 39 percent to a four-year low, Forbes reports. The Austin, Texas-based operator of 422 stores is under pressure to lower its prices.

For the full story see at forbes.com .

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