Lowe's Cos. Inc. is laying off assembly and maintenance workers across its U.S. stores and plans to outsource the positions.
"We are moving to third-party assemblers and facility services to allow Lowe's store associates to spend more time on the sales floor serving customers," the company said Aug. 1 in a statement to S&P Global Market Intelligence.
Lowe's declined to disclose the exact number of associates who will be laid off, but the company said affected workers will be provided with transition pay and can apply for other positions within the company.
As of Feb. 1, Lowe's operated 1,723 home improvement stores across the U.S. The company also employed approximately 190,000 full-time workers and 110,000 part-time workers, as of Feb. 1.
