Lowe’s cutting 2,400 full-time jobs as part of staffing overhaul

http://www.charlotteobserver.com/news/business/article127061159.html

Home improvement retailer Lowe’s informed about 2,400 of its full-time employees Tuesday that they were losing their jobs, carrying out layoffs that have been anticipated since last week.
The majority of the cuts are at the store level – one to two assistant store managers per location are losing their jobs – though other affected positions are at distribution centers, contact centers and at the company’s corporate office in Mooresville, Lowe’s said.
The layoffs affect less than 1 percent of the company’s global workforce of 285,000.
Last week, the Observer and other news outlets reported that Lowe’s was expected to announce job cuts as part of an overhaul of its staffing model. The staffing changes are being done now in order to prepare for the spring selling season, the busiest time of the year for home improvement retailers.

Read more here: http://www.charlotteobserver.com/news/business/article127061159.html#storylink=cpy