Lowe & # 39; s Cos. Permits thousands of employees in US stores as they outsource some of their duties to outside companies.
The home remodeling chain, based in Mooresville, North Carolina, declined to say exactly how many employees were affected. But The Wall Street Journal reported that thousands of employees were told this week that their jobs were being eliminated, the company confirmed.
Lowe's spokeswoman Jackie Pardini Hartzell said Thursday that the cuts will come as the company moves to third-party collectors and facility services to allow store employees to spend more time on the sales floor serving customers. Previously, some shop workers have assembled work, such as the construction of floor models and caretaker work. Hartzell said that employees in these positions will have the opportunity to apply for other open roles at Lowe.
She said that the company does not disclose how many are affected, as the number of employees affected varies from store and the company has a strong track record of retaining affiliates in other roles in the company.
Lowe's, under its relatively new CEO Marvin Ellison, is trying to return the focus to the home improvement chain and streamline business.
After Ellison took the reins last year, he thinned leadership positions in the company and began pairing weaker sales of goods in stores. Lowe's also sold last summer to close 99 Orchard Supply Hardware stores it owns in California, Florida and Oregon. And it wants to strengthen its business with professionals, which has been Home Depot's forte.