Tags: lowes Layoffs Number 525 in Recent Round of Cuts

Lowe's Layoffs Number 525 in Recent Round of Cuts

Image: Lowe's Layoffs Number 525 in Recent Round of Cuts

Lowe's, a home improvement retailer, announced layoffs of 525 employees. (Lynn Watson/Dreamstime.com)

By    |   Wednesday, 22 Feb 2017 10:50 AM

Lowe’s announced more than 500 layoffs, including hundreds from its corporate office in Mooresville, North Carolina.

The home improvement retailer announced 525 layoffs on Tuesday, including about 430 corporate employees, according to WSOC-TV.

The company is hopeful that these layoffs will lead to much-needed improvements in their corporate operating structure.

“A couple of the guys who come here told me they lost their jobs,” said Alberto Ruiz, a restaurant owner in Mooresville, according to WSOC-TV.

“They have families, rents and bills. Of course I feel bad for the employees, for sure,” Ruiz added.

“The mood was, it was pretty low in terms of morale. People were crying, people were upset,” said Rob Leis, an employee who was laid off after working for Lowe’s for nearly a decade, according to WCCB Charlotte.

“All you can do is sit there and wait until they call you in,” Leis added.

“We’ve kind of known that something’s been in the works for a couple of months now,” Leis said.

In January, the company announced that it would be laying off about 2,400 of its full-time employees, The Associated Press reported.

In the aftermath of this second round of layoffs, the company said it plans to post over 100 new positions at its corporate headquarters.

Lowe’s said it will also add 600 or more customer-support and central production positions in Wilkes County, which comes after nearly 100 of these support positions were eliminated on the same day as the layoffs.

Mooresville Mayor Miles Atkins issued a statement following the layoffs, according to WSOC-TV.

“I have spoken with Lowe’s about today’s announcement and am confident the company remains committed to being a longtime corporate partner providing jobs in Mooresville, Iredell County and across the state,” Atkins said in the statement. “It is my understanding the company is adjusting their staffing model but plan to continue employing nearly 4,000 people in their Mooresville headquarters. I know the Town of Mooresville, Iredell County, our local Economic Development Commission, Chamber of Commerce and other community organizations will assist those affected by today’s layoffs in any way possible.”

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Lowe's announced more than 500 layoffs, including hundreds from its corporate office in Mooresville, North Carolina.
lowes Layoffs Number 525 in Recent Round of Cuts
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2017-50-22
Wednesday, 22 Feb 2017 10:50 AM
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