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WSJ: Whole Foods execs keep leaving Amazon

Published 03/22/2018, 09:14 AM
© Reuters.  WSJ: Whole Foods execs keep leaving Amazon
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  • Over a dozen execs and senior managers have left since Amazon (NASDAQ:AMZN) purchased Whole Foods, according to a WSJ report.
  • Departing execs have headed bakery, produce, and local-foods divisions. Some left, even after higher-ups asked them to stay, while others were pushed out before the deal closed.
  • What’s driving workers out? Some top managers oppose reporting to younger Amazon execs while others say Amazon hasn’t properly explained how it will integrate Whole Foods into its business.
  • Exec departures aren’t uncommon after mergers. Amazon has invited employees to town halls to discuss concerns and this week held an event for suppliers.
  • Amazon shares are down 1.3% premarket.
  • Previously: Recode: Uber withdraws job offer to Amazon voice shopping exec (March 21)
  • Now read: Federally Funded Wednesday - S&P About To Retest 2,640 As Fed Withdraws Stimulus


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