tiprankstipranks
Advertisement
Advertisement

Lowe’s to slash 600 corporate, support jobs, WSJ reports

Lowe’s (LOW) is cutting about 600 corporate and support roles, the company said Friday, making it the second major big-box retailer to announce layoffs this week, The Wall Street Journal’s Allison Pohle reports. The cuts represent less than 1% of the company’s total workforce, and a Lowe’s spokeswoman said it will provide support including career transition resources.

Claim 30% Off TipRanks

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1