Home Depot Announces Layoffs Amid Return to In-Office Work
SOURCENews reportView the filing ↗
What we know
Location: Atlanta, Georgia, USA.
Based on news reporting.
Summary
The Home Depot, Inc. has announced layoffs affecting approximately 2,000 employees as part of a restructuring plan coinciding with a return to in-office work. The layoffs are set to take effect on October 1, 2023, as the company adjusts its workforce to align with new operational strategies. This decision comes amidst broader changes in the retail sector, as companies adapt to shifting consumer behaviors and economic pressures. The affected employees are primarily from various departments within the company, although specific departments were not detailed in the announcement. Home Depot's leadership emphasized the need for these changes to enhance efficiency and maintain competitiveness in the market.
LayoffTalk has tracked 19 layoff events at The Home Depot, Inc. since March 2023, including 797 jobs documented in official WARN filings, with 18 additional events known from news reporting.
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