By Lisa Baertlein and Harriet McLeod, Reuters
The merger that shook food and retail stocks on Friday – Amazon’s proposed deal to buy Whole Foods Market – rattled some employees of the upscale grocery chain who expressed fears ranging from layoffs to the loss of their laid-back corporate culture.
The online retailer hopes the $13.7 billion acquisition helps it disrupt the grocery business and expand its real-world store footprint.
Carmen Clark, 37, a six-year employee at a store in Mount Pleasant, South Carolina, said some workers worry that Amazon-led automation could lead to job cuts. Continue reading Amazon could assimilate Whole Foods workers into robots and drones in some sort of cyber-physical dystopian Borg-like nightmare