Lowe’s to cut 2.7K workers

January 17, 2017

Lowe’s, the home improvement icon, currently operates 1,840 stores–two of them in the Shoals area. These stores employ 270K workers, and an informed source has stated the company is set to give pink slips to 1%, or 2.7K, of the employees.

Lowe’s is like many retail giants that have experienced a dip in sales over the past few years, but continues to insist it has no plans to close any stores. The rumored scheduled employee cut backs will affect both part and full time workers.

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