Lowe’s cuts 600 corporate jobs near Charlotte

Lowe’s cuts 600 corporate jobs near Charlotte

Mooresville-based Lowe’s eliminated about 600 corporate and support roles, representing less than 1% of its workforce, saying the move will strengthen its focus on frontline operations. Store employees are not affected. Lowe’s employs about 300,000 people nationwide, including roughly 11,000 previously in the Charlotte region.

Lowe’s cuts 600 corporate and support roles

Lowe’s is eliminating approximately 600 corporate and support roles, which is less than 1% of its total workforce. The big picture: The company says the decision is meant to better align resources with store operations and frontline associates. Laid-off workers will receive financial assistance, continued benefits for a period, and help with career transitions. Elsewhere: Target also announced this week that it will cut about 500 office and sup…

Lowe’s cuts 600 corporate roles to prioritise store operations

US home improvement retailer Lowe’s is eliminating approximately 600 positions across its corporate and support functions.The post Lowe’s cuts 600 corporate roles to prioritise store operations appeared first on Retail Insight Network.