Lowe’s trims corporate workforce amid strategic pivot - Report

SelfRugger · 2026-02-13T22:44:30+00:00

Lowe's Companies Inc. is reducing its corporate workforce by about 600 positions, less than 1% of its total employees, to realign organizational efforts. The layoffs focus on back-office roles, allowing for enhanced frontline operations and strategic growth.

SelfRugger

2026-02-13 22:44:30

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Lowe’s trims corporate workforce amid strategic pivot - Report

Luke Juricic

Sat, February 14, 2026 at 7:29 AM GMT+9 1 min read

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Investing.com – Lowe’s Companies Inc. has initiated a workforce reduction affecting approximately 600 corporate and support positions. According to reporting from The Charlotte Observer, the Mooresville-based retail giant confirmed the layoffs on Friday as part of a broader organizational realigned.

The job cuts represent less than 1% of the company’s total workforce of 300,000 employees. “We have made the difficult decision to reduce approximately 600 corporate and support roles,” the company stated regarding the move.

The reduction specifically targets back-office functions rather than the retail front lines. “This reduction in corporate staff allows Lowe’s to strengthen our frontline focus while remaining agile in a dynamic home improvement environment,” the company said in a statement.

Impacted employees are slated to receive financial assistance and career transition resources during this period. These cuts arrive just weeks before the company is scheduled to deliver its fourth-quarter earnings report to shareholders.

Lowe’s has recently been on an aggressive acquisition streak to bolster its professional customer segment. In October, the firm acquired Foundation Building Materials for $8.8 billion, following a $1.3 billion deal for Artisan Design Group in June.

While the corporate headcount shrinks, the retailer continues to signal long-term physical growth. Management previously detailed plans for a new wave of store openings to debut over the next several years.

Lowe’s trims corporate workforce amid strategic pivot - Report

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