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 reduction accounts for less than 1% of the company’s total workforce. In a statement to Retail Insight Network yesterday (15 February), Lowe’s said: “This reduction in corporate staff allows Lowe’s to strengthen our frontline focus while remaining agile in a dynamic home improvement environment.” Affected employees will receive financial support, continued benefits for a limite ...