Lowe’s Lowers Payroll, Cuts 2,400 Nationwide

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Monroe Township, PA – At least two managers have lost their jobs at the Lowe’s Home improvement store on the Golden Strip just north of Selinsgrove. Part of a nationwide staff culling that will see 2,400 full time employees losing their positions, the firings have other local Lowe’s employees looking over their shoulders.

First reported on Tuesday by the Charlotte Observer, Lowe’s has announced it will be cutting 2,400 full-time jobs nationwide. The lay-offs come as a result of lower than expected revenues and new challenges in the retail market.

A Lowe’s employee contacted SCC on Tuesday evening stating that two local assistant store managers had been fired and “a bunch of department managers are going to lose their jobs.” The employee asked for their name to be withheld out of concern for their job.

Vladimir Blazanin, Store Manager of Lowe’s #644 in Monroe Township, told SCC that the store is not closing and referred all other questions to corporate media relations.

Responding by email to an SCC inquiry Karen Cobb, Lowe’s Manager of Corporate Public Relations, wrote that the company is “shifting some roles and responsibilities versus eliminating them.” Cobb explained that while the “vast majority of associates affected will have the opportunity for new roles at Lowe’s,” each location would be losing 1-2 assistant store managers.

Ms Cobb also stated the changes “consolidated some leadership positions in our Customer Support Centers and Distribution Centers, impacting about 37 employees nationwide, and approximately 10% of vice presidents in the corporate office in Mooresville, NC. In total, this impacts less than 1% of our workforce, approximately 2,400 employees.”

 

 

 

 

 

 

 

 

In a letter to employees Robert Niblock, Lowe’s Chairman, President, and CEO wrote “today we are introducing a new store staffing model designed to reallocate our people resources to strengthen our focus on delivering a truly exceptional – and differentiated – experience for customers.” Niblock writes that most employees effected will have the opportunity to stay with the company in new roles. The changes, as the CEO explains, “will better align store staffing with customer demand, shift resources from back-of-the-store activities to customer-facing ones, and enhance our efficiency and productivity.”