The company is going down, Home depot will hire those ASM and eat up more of Lowes untill they are gone!
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Lowe's is trying so hard to patchwork their company. Each year finding another bottom line item to take for the employees to removing people. Besides the layoffs they didn't tell you that they removed the payout for the floating holidays. Used to get an extra 32 hours if you didn't use them every February. They fudge the numbers every January by lowering the Stock on hand to fill the shelves. Appliances are bare in the back. Less top stock. It's like they have an ordering freeze to keep inventory low. All this to trick the shareholders that we are doing well. It's a game so top management can make a killing on the stock. They say they care about employees but I have yet to see one thing they gave back to them that was good. I know I worked many years there and seen all of it go away.
I'm not an employee. I'm a customer and former stockholder.
2011 was when I sold my stock and went elsewhere as a customer. I never knew why. I guess now I know.
Can't keep taking away..