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Home Depot Cuts 800 Workers, Orders Corporate Workers Back to Office Full Time
WSJ· 2026-01-29 14:47
Core Insights - Home Depot has laid off 800 workers at its corporate headquarters to enhance operational speed and prioritize frontline employees [1] Company Actions - The layoffs are part of a strategic effort by Home Depot to improve efficiency and focus on the needs of its frontline workforce [1]
Back to the Roots Expands Organic Heirloom Seed Line to The Home Depot Stores Nationwide
Globenewswire· 2026-01-29 14:45
OAKLAND, Calif., Jan. 29, 2026 (GLOBE NEWSWIRE) -- Back to the Roots, the nation’s leading organic gardening company, today announced a landmark nationwide expansion with The Home Depot, bringing its 100% organic, heirloom seed line to 2,000 U.S. retail locations. The expanded line is now available for customers to shop in-stores and on HomeDepot.com. This expansion marks a significant milestone in making organic gardening accessible to every home in America, providing over 100 varieties of high-quality, he ...
Home Depot Cuts 800 Jobs in Technology Organization and Other Corporate Teams
PYMNTS.com· 2026-01-29 01:14
Company Actions - Home Depot is cutting 800 roles in its technology organization and other corporate teams to improve operational efficiency [1] - Approximately 150 of the affected employees were based at the company's headquarters in Atlanta, while the remainder worked remotely [2] - The company will require corporate employees to return to the office five days a week starting April 6, as stated by CEO Ted Decker [2] Financial Performance - Home Depot has missed Wall Street's earnings expectations for the last three quarters, resulting in a 10% decline in its shares over the past year [3] - The next earnings report is scheduled for February 24, with previous earnings calls indicating challenges due to consumer uncertainty and pressures in the housing market [3] - Decker noted that the lack of storms in the third quarter contributed to greater-than-expected pressure in certain categories, despite stable underlying demand [3] Industry Context - The home improvement sector is facing challenges such as inflation pressures, elevated interest rates, and a sluggish housing market, which have impacted demand [3][4] - Lowe's, a competitor, reported a mere 0.4% increase in comparable sales, reflecting the difficult environment [3] - Building materials and garden supply retailers have experienced year-over-year drops of at least 4%, indicating broader industry struggles [4][5]
Home Depot chopping 800 jobs, orders white-collar workers back to office 5 days a week
New York Post· 2026-01-29 00:06
Home Depot said Wednesday it is cutting 800 jobs associated with its Atlanta store support center, and is calling on its corporate employees to return to the office five days a week.In a statement, Home Depot said its “goal is to drive greater agility and position the company to move faster and stay even more closely connected with our frontline associates.”In a statement, Home Depot said its “goal is to drive greater agility and position the company to move faster and stay even more closely connected with ...
Home Depot lays off 800 workers, says corporate employees will return to office 5 days a week
CNBC· 2026-01-28 22:29
A Home Depot logo is displayed at one of their stores on November 8, 2025 in San Diego, CA.Home Depot on Wednesday said it will lay off 800 workers and announced corporate employees will have to return to the office five days per week.In a message to employees, CEO Ted Decker said the changes are intended to increase the company's "speed and agility.""To extend our industry-leading position, we must position the company to move faster and stay even more closely connected to our customers and frontline assoc ...
Home Depot to cut 800 corporate jobs at its Atlanta store support center
Reuters· 2026-01-28 21:35
Home Depot said on Wednesday it is cutting 800 jobs associated with its Atlanta store support center, and is calling on its corporate employees to return to the office five days a week. ...
Home Depot is laying off 800 employees and bringing staff back to the office 5 days a week
Business Insider· 2026-01-28 21:03
Home Depot laid off about 800 corporate employees on Wednesday — and called those who still have jobs back to its offices. The layoffs affected positions at the home improvement chain's store support center near Atlanta, a company spokesperson told Business Insider."We're simplifying our corporate operations to better support our stores and our customers," the spokesperson said. "Our goal is to drive greater agility and position the company to move faster and stay even more closely connected with our front ...
Home Depot cuts 800 jobs
Yahoo Finance· 2026-01-28 17:04
This story was originally published on Retail Dive. To receive daily news and insights, subscribe to our free daily Retail Dive newsletter. The Home Depot has eliminated about 800 roles within its Atlanta store support center, the retailer confirmed to Retail Dive Wednesday. The job cuts affect roles across its store support center, but are primarily concentrated on its technology organization, according to a company spokesperson. In addition, Home Depot has called for a return-to-office for its corporat ...
It's Cold Outside. And That Just Might Warm Up These Stocks.
Barrons· 2026-01-27 18:40
Frozen pipes and roof repairs are expected to drive unexpected volume for Tractor Supply, Home Depot, and Lowe's. ...
Home Depot vs. Floor & Decor: Which Stock Holds More Promise Now?
ZACKS· 2026-01-27 16:25
Key Takeaways Floor & Decor is gaining share through store expansion, cost discipline and adjacent category growth.Home Depot faces demand pressure despite Pro investments and AI-driven project planning tools.Consensus shows stronger 2026 sales and earnings growth projections for FND compared to HD.The Home Depot, Inc. (HD) and Floor & Decor Holdings, Inc. (FND) operate in the broader home improvement retail space. Home Depot, with a market capitalization of roughly $384.8 billion, is the industry’s dominan ...