Thread regarding Lowe's Cos. layoffs

Lowes is continuing Layoffs every day thru April apparently.

3 managers I personally knew im Mooresville today.

The bleeding has not stopped.

It is older employees that have most experience and loyalty.

Just no news coverage.

60 wilkesboro call center employees also let go.

Jobs probably went to new india office

If you are still employed please take care of your own family first.

Lowesis full of lies.

They will use you and spit you out like trash.

Just sick.

I lost over 400 sick hours when i was let go

I do feel sympathy for all those in Mooresville and Wilkesboro who were let go recently. Can we please get the word out that the store level restructure was on a bigger scale than Lowe's continues to claim? They allowed 13-15 department managers to apply into 6 available positions. 7-9 department managers per store were moved into a CSA5 role which has an expiration date of 12 months. If these "CSA5" associates do not apply into the store, they will be fired after 12 months. 7-9 employees at all 1,840 store locations across the U.S....we are talking about 13,000-16,000 store level employees. I understand that 500 at the corporate offices is hard to accept as well, but 15,000 people are losing their insurance, their benefits, and their livelihoods in 12 months time. LOWE'S, SHED SOME LIGHT ON HOW MANY PEOPLE HAVE ACTUALLY BEEN AFFECTED.

You are a fool to think that a corporation ever values employees over profits.

This doesn't surprise me.. This came after HD reported great earnings earlier that morning. They had 6% rise in stare traffic they beat estimates AND the biggest 2 things they have a 15 Billion stock buy back which is triple Lowe's and they increased Dividend almost 30%. Something tells me Lowe's won't be doing that. They only announced a 5 Billion buy back.. Can't compete when you are behind only trying to band aid

The buyouts occurred a few years ago at corporate. Layoffs actually occurred today, over 500 people, mostly at the corporate office in Mooresville

I was let go after 14 years today

No reason....half my dept gone

Was in logistics and was demand planning.

They re named all titles im assuming to rename or re strucuremore work on less people.

I gaveand gave...loyal worked my a-- off for lowes now gone

This is all about stock rice ans it is sad the hard working employees that dedicated decades of their life are walked out like trespassers. This is not humane...and employees are customers. We bleed blue when top vp's and jimmy johnson paid millions

Lowe's Hiring More Than 1,700 U.S. Employees To Provide Personalized Customer Support

Lowe's Hiring More Than 1,700 U.S. Employees To Provide Personalized Customer Support

Full-time roles are based in Indianapolis, Albuquerque, N.M. and Wilkesboro, N.C.

PR Newswire

MOORESVILLE, N.C., Feb. 15, 2017 MOORESVILLE, N.C., Feb. 15, 2017 /PRNewswire/ -- Each week, Lowe's Companies, Inc. (NYSE: LOW) serves more than 17 million customers in stores, online, on the phone, in customers' homes and on the jobsite. To continue helping customers wherever – and whenever – they need support, the company is hiring 1,700 full-time employees between now and October to fill new customer support and central production office positions. "While home improvement inspiration and product selection often begins online and progresses at the store, the work starts at home," said Jennifer Weber, chief human resources officer. "We want to be there every step of the way as customers move this work forward, whether it's answering questions for DIY customers or coordinating the work for them through installation services. The central production office and contact center employees who join the Lowe's team will be part of our continued omni-channel journey to better serve customers." Lowe's customer support centers are located in Indianapolis, Albuquerque, N.M., and Wilkesboro, N.C., enabling the company to provide localized customer support across the U.S. Available customer support positions include representatives to assist the customers who call or email Lowe's to process orders, schedule repairs or ask questions about specific products. Ideal candidates have computer proficiency and customer service experience. In July 2016, Lowe's launched a central production office out of its Indianapolis customer support center to provide customers with at-home installation services. Since its opening, the central production office has facilitated nearly 400,000 customer installations. To broaden this service to customers in the South, the company is expanding its central production office within its Wilkesboro customer support center. Available central production office roles, which are based in Wilkesboro or Indianapolis, include service and production coordinators, field project specialists, supervisors and managers. Ideal central production office candidates have a broad knowledge of remodeling, project management and construction practices, as well as strong interpersonal skills. The available positions per location are as follows (numbers are approximate): Location Available positions Indianapolis More than 500 customer support representatives

and central production office positions Albuquerque More than 500 customer support representatives Wilkesboro More than 600 customer support representatives

and central production office positions Lowe's full-time employees are eligible for a 10 percent employee discount, incentive programs, 401(k), discounted stock purchase plan, tuition reimbursement and paid time off for community volunteering. In addition to full-time contact center and central production office roles, Lowe's is also now hiring more than 45,000 seasonal employees across the U.S. to support customer needs during the busy spring season. To learn more about available positions in your area and apply online, visit jobs.lowes.com or your local Lowe's store. About Lowe's

Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving more than 17 million customers a week in the United States, Canada and Mexico. With fiscal year 2015 sales of $59.1 billion, Lowe's and its related businesses operate or service more than 2,355 home improvement and hardware stores and employ over 285,000 employees. Founded in 1946 and based in Mooresville, N.C., Lowe's supports the communities it serves through programs that focus on K-12 public education and community improvement projects. For more information, visit Lowes.com. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/lowes-hiring-more-than-1700-us-employees-to-provide-personalized-customer-support-300408011.html

SOURCE Lowe's Companies, Inc.

Stock News for Lowes Companies (LOW)

Date Time Headline

02/16/2017 14:41:00 Lowe's Canada prend un engagement envers les marchands indépendants...

02/16/2017 14:40:00 Lowe's Canada makes commitment to independent retailers by growing...

02/15/2017 11:45:00 Lowe's Hiring More Than 1,700 U.S. Employees To Provide Personalized...

02/10/2017 11:40:03 Amended Statement of Ownership (sc 13g/a)

02/07/2017 12:06:18 Amended Statement of Ownership (sc 13g/a)

02/02/2017 11:00:00 Lowe's Hiring More Than 45,000 Customer-Facing Roles

01/27/2017 16:30:00 Lowe's Companies, Inc. Announces New $5 Billion Share Repurchase...

01/25/2017 14:51:10 Amended Statement of Ownership (sc 13g/a)

01/23/2017 11:03:00 Lowe's Appoints Jocelyn Wong as New CMO

01/23/2017 08:30:00 Lowe's Appoints Jocelyn Wong As Chief Marketing Officer

01/17/2017 16:36:25 Current Report Filing (8-k)

01/17/2017 09:05:00 Lowe's Taps Insider to Succeed Longtime CFO

01/17/2017 08:00:00 Lowe's Appoints Marshall A. Croom Chief Financial Officer; Robert...

01/12/2017 17:20:00 Lowe's to Cut Thousands of Store Workers, Shuffle Jobs--Update

01/12/2017 16:56:00 Lowe's to Cut Thousands of Store Workers, Shuffle Jobs

Lowe's Offers Corporate Workers Buyouts To Reduce Costs

By Joan E. Solsman Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- Lowe's Cos. (LOW) said it is, for the first time, offering buyouts mostly to workers in its corporate offices as part of a larger cost-reduction strategy. It said the voluntary program is expected to "reduce the need for possible involuntary reductions" but added it could implement layoffs if further cost cuts are necessary to meet its business objectives. The move comes as the home-improvement retailer is broadly reining in costs and growth in some areas. In October, Lowe's said it would be closing 20 underperforming stores and would be pulling back on new-store growth going forward. Those store closures affected about 1,950 workers. The company's headcount is about 234,000. Lowe's didn't specify how many people were eligible for the buyout program, which offers a lump-sum severance payment and other benefits. However, it said the majority of eligible employees are in Lowe's corporate offices in Mooresville and Wilkesboro, N.C., along with some corporate positions in the field. The news was reported earlier by the Wilkes Journal Patriot. Shares were down 1.1% at $27.09 in recent trading. -By Joan E. Solsman, Dow Jones Newswires; 212-416-2291; joan.solsman@dowjones.com