Lowe's to Layoff
Thousands of Employees According to the company, third-parties will begin taking jobs formerly in the maintenance and assembly sections. Lowe's, via statement The job losses come amidst
store closings by Lowe's over the
past year in order to shave off costs. But the retailer is still planning to bring in over
2,000 workers for a tech facility that it
plans to open in 2021 in North Carolina. The store shutdowns by Lowe's are
apart of an ongoing trend in the
struggling U.S. retail sector. In 2019, over 7,000 stores have
closed their doors for good. As of its last filing, Lowe's has
nearly 200,000 full-time workers. There are currently just over
1,700 locations in America.