Home Depot to cut 1,000 staffers as it consolidates jobs, ends some pilot programs
By APTuesday, January 26, 2010
Home Depot to lay off 1,000
NEW YORK — Home Depot is laying off 1,000 staffers as it cuts three pilot programs and cuts some support positions.
An internal memo sent by CEO Frank Blake says about 900 of the cuts stem from consolidating some support functions in its human resources, finance and other divisions.
The rest come from the company closing a small-format pilot store in Wilson, N.C.; a temporary hurricane recovery outlet in Waveland, Miss.; and a clearance outlet in Austell, Ga.
Home Depot employs more than 300,000 workers.
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