Lowe’s begins layoffs in North Carolina, plans 600 job cuts | Official Website of Louis Velazquez, entrepreneur, finance guy and tech innovator

Lowe’s Companies, one of the largest home improvement chains in the US, with over 1,700 stores, has entered the growing list of retailers announcing job cuts in 2026.

The company revealed on Feb 13, that it will reduce 600 corporate and support roles nationwide, representing around 1% of its total workforce. The plan is to shift resources toward store operations and customer-facing employees.

As part of the broader pullback, a recent Worker Adjustment and Retraining Notification (WARN) spread across 10 pages, submitted in North Carolina, shows the elimination of 317 jobs tied to Lowe’s operations, listing different titles in dozens of US states, including Florida, Texas, Georgia, and California, among others.

A majority of these employees, however, are based in the North Carolina cities of Mooresville and Charlotte, with the remainder working remotely or in other cities nationwide.

At Lowe’s Worthington Avenue, Charlotte office, 49 roles will be reduced, and 178 layoffs will occur at the Mooresville office. All the roles will be permanent layoffs and are part of the company’s restructuring efforts, with no notice of any plant closures impacting these layoffs.

Lowe’s stock is up 16% year-to-date.

Photo by Justin Sullivan on Getty Images

North Carolina is central to Lowe’s corporate footprint, with its headquarters in Mooresville and Charlotte as a hub of technology and support. According to the WARN filing, the reduction spans a wide range of back-office functions, including product management, recruiting, analytics, product design, and supply chain roles.

“This step helps better align our resources to support our stores and the associates who serve customers every day,” the company said, adding that the impacted workers will receive financial assistance and benefits, including career transition support, according to Reuters.

The layoffs are scheduled to begin on April 19 and are expected to be completed by early May.

Lowe’s financial picture amidst job cuts

The job cuts come amid a mixed financial picture for the company. In its recent Q3 earnings report, Lowe’s reported $1.6 billion in net earnings and an EPS of $2.88 for the quarter and an adjusted diluted EPS of $3.06, up 5.9%. Its total sales were up from the prior-year quarter to $20.8 billion.

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Comparable sales were up only 0.4% driven by “online sales growth, double-digit growth in home services and continued growth in Pro sales,” signaling flat demand.

Consequently, Lowe’s trimmed most expectations for its 2025 full-year outlook, projecting flat comparable sales. This highlights rising pressure from higher interest rates and the soft housing market.

The year 2025 also marked the beginning of its plans to lean more into customer-facing initiatives, with the acquisitions of Foundation Building Materials (FBM) for $8.8 billion and Artisan Design Group (ADG) for $1.325 billion.

More recently, Lowe’s partnered with Affirm Holdings to offer shoppers financing options through biweekly and monthly payment plans starting at 0% APR.

Meanwhile, Redditors have been expressing their dismay over the choice of words and how it will impact their team and cause fallout among coworkers. The impact of layoffs in the retail sector has already been weighing on this past month, with Target laying off 500 workers and Home Depot announcing 800 job cuts.

Lowe’s will announce its Q4 and full-year 2025 earnings report on February 25, 2026, before market open, and investors will be looking for the retailer’s plan to deliver growth amid a slow housing market.