Business
Lowe’s Is Cutting 600 Corporate and Support Jobs
Lowe’s is eliminating about 600 corporate and support roles, the company said Friday, making it the second major big-box retailer to announce layoffs this week.
“This step helps better align our resources to support our stores and the associates who serve customers every day,” according to a company statement.
The cuts represent less than 1% of the North Carolina-based retailer’s total workforce, and a Lowe’s spokeswoman said it will provide support including career transition resources. The move follows Target’s decision earlier this week to lay off 500 workers in district offices and across its supply chain.