Amazon Aligns Whole Foods Corporate Staff With Its Structure

Benzinga

Amazon will extend new employment offers to Whole Foods’ U.S. corporate employees on November 10th, according to The Wall Street Journal. Corporate employees in marketing and merchandising will have a month to review new titles, salaries, and benefits, including Amazon stock as part of their compensation, beginning next year. Amazon acquired Whole Foods in 2017 for $13.7 billion and has since expanded it to more than 535 stores, though the chain has lost grocery market share to Walmart and Costco. Amazon appointed Whole Foods CEO Jason Buechel in January to lead its worldwide grocery division, which includes Whole Foods, Amazon Fresh, and Amazon Go. Buechel has been reorganizing operations to align Whole Foods more closely with Amazon’s other grocery businesses.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02Amazon will extend new employment offers to Whole Foods U.S. corporate employees on November 10th,

00:06according to the Wall Street Journal. Corporate employees in marketing and merchandising will

00:09have a month to review new titles, salaries, and benefits, including Amazon stock, as part

00:14of their compensation beginning next year. Amazon acquired Whole Foods in 2017 for $13.7 billion

00:19and has since expanded it to more than 535 stores, though the chain has lost grocery

00:24market share to Walmart and Costco. Amazon appointed Whole Foods CEO Jason Buckel in

00:28January to lead its worldwide grocery division, Foods Whole Foods, Amazon Fresh, and Amazon

00:33Go. Buckel has been reorganizing operations to align Whole Foods more closely with Amazon's

00:39other grocery businesses. For all things money, visit Benzinga.com.

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