Lowe’s Announces 600 Job Cuts, Focuses on Store Operations

Summary

Lowe's plans to cut 600 jobs nationwide, refocusing efforts on store operations.

Why this matters

The layoffs at Lowe's highlight ongoing shifts in the retail industry as companies adapt to economic pressures and changing consumer behaviors, affecting employment trends.

Lowe’s Companies plans to reduce 600 corporate and support roles nationwide, equating to 1% of its total workforce, beginning April 19. Announced on Feb. 13, 2026, the move aims to redirect resources toward store operations and employees interacting directly with customers.

A Worker Adjustment and Retraining Notification (WARN) in North Carolina indicates that 317 of these job eliminations will occur across various U.S. states, predominantly affecting employees in Mooresville and Charlotte, North Carolina.

In Charlotte, 49 roles will be cut, while 178 layoffs are scheduled for Mooresville. These permanent layoffs are part of a larger restructuring effort that does not involve any plant closures.

North Carolina holds significant importance for Lowe’s, housing its headquarters in Mooresville and a technology hub in Charlotte. The WARN filing reflects job reductions in areas like product management, recruiting, analytics, product design, and supply chain.

According to a company statement, the layoffs will allow for better alignment of resources to support stores and customer service roles. The affected employees will receive financial assistance and career transition support.

The restructuring occurs as Lowe’s reports a mixed financial outlook. In its latest Q3 earnings, the company reported $1.6 billion in net earnings, $2.88 in earning per share (EPS), and an adjusted EPS of $3.06, a 5.9% increase. Sales rose to $20.8 billion, though comparable sales were up just 0.4%.

Due to these factors and economic pressures such as high interest rates and a soft housing market, Lowe’s adjusted its projections for 2025 to reflect flat comparable sales.

In 2025, Lowe’s pursued customer-facing initiatives, acquiring Foundation Building Materials and Artisan Design Group. Recently, the company partnered with Affirm Holdings to offer financing options to customers.

As the retail industry faces job cuts, similar actions have been taken by companies like Target and Home Depot. Lowe’s will release its Q4 and full-year 2025 earnings on Feb. 25, 2026.

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