Lowe’s home improvement near Charlotte to cut 600 jobs in corporate, other roles

Lowe’s home improvement chain, one of the Charlotte region’s largest employers, has just cut hundreds of jobs.

“We have made the difficult decision to reduce approximately 600 corporate and support roles,” the Mooresville-based home improvement chain confirmed Friday. That’s less than 1% of its total workforce.

Lowe’s employs approximately 300,000 people and operates over 1,700 home improvement stores, 530 branches and 130 distribution centers. Lowe’s officials did not say how many employees work at the suburban Charlotte corporate office or when the layoffs take effect.

Two years ago, when Lowe’s laid off “a limited number” of corporate workers, it had about 11,000 employees in the Charlotte region, including 5,000 corporate workers. At the time, Lowe’s refused to say how many workers were let go

The latest round of job cuts did not impact store employees, according to the company.

“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.

Lowe’s said it is working with affected employees with financial assistance, continued benefits for a period of time and career transition resources.

More about Lowe’s home improvement

The hundreds of layoffs were disclosed ahead of Lowe’s fourth-quarter earnings call this month.

In November, Lowe’s reported sales rose to $20.8 billion in the third quarter compared to $20.2 billion in 2024.

In October, Lowe’s acquired California-based Foundation Building Materials for $8.8 billion to expand the chain’s reach among its professional customers in the U.S. and Canada. Lowe’s also detailed its plans for further expansion with a wave of new stores debuting over the next few years.

In June, Lowe’s also acquired Artisan Design Group for over $1.3 billion to expand its pro service with a new distribution channel. ADG is a design, distribution and installation service provider for interior surface finishes, including flooring, cabinets and countertops for home builders and property managers.

This is a developing story