Home » Industry News » Lowe’s Makes Another Round of Corporate Layoffs
Lowe’s Makes Another Round of Corporate Layoffs

Lowe’s Makes Another Round of Corporate Layoffs

Lowe’s is making another round of staffing cuts at its corporate headquarters and two support facilities, according to the Charlotte, North Carolina, NBC affiliate, WCNC.

About 430 positions at the company’s corporate headquarters in Mooresville, North Carolina, were eliminated Tuesday, along with around 70 support positions in Wilkesboro, North Carolina, and 25 support positions at other facilities, WCNC reports.

The company issued a statement to the news station addressing the staffing changes.

“Lowe’s is engaged in a comprehensive effort to refocus and prioritize resources to ensure we have the right organizational structure in place to support our omni-channel strategy and customers’ expectations. Today we announced the next phase of our effort, which is focused on creating a more agile and efficient operating structure for corporate-based positions that will enable us to be more responsive to customers’ evolving needs.”

The big-box home improvement retailer announced just last month that it would be eliminating about 3,000 jobs and transitioning back-office employees to customer-facing roles in its retail stores. The Charlotte Observer reported earlier this month that those staffing changes have negatively impacted employee morale.

Lowe’s hasn’t released its fourth-quarter 2016 or year-end financial reports yet. However, the company previously reported lower-than-expected performance in the third quarter of 2016.

About Melanie Moul

Melanie Moul
Melanie is the features editor for Hardware Retailing magazine. Originally from South Bend, Indiana, has a degree in professional writing. She worked in central Pennsylvania for several years after college as a barista and an editor and returned to the Hoosier State in late 2016 to join the NRHA team. In her spare time, she enjoys testing new recipes and watching online makeup tutorials. She and her husband are raising their son and two fur children in Indianapolis.