"Home Depot CEO Ted Decker announced Wednesday that the company will lay off about 800 corporate employees and require most remaining corporate staff to return to the office five days a week, beginning April 6. The retailer has vowed to streamline operations and sharpen its focus amid a broader wave of corporate layoffs. The job cuts include roughly 150 employees based at Home Depot's Atlanta headquarters, with the remaining roles eliminated from remote positions, primarily in technology, a company spokeswoman told CNBC."
"Decker said the changes are "essential to simplify our business and focus our energy on the priorities ahead." "To extend our industry-leading position, we must position the company to move faster and to stay even more closely connected to our customers and frontline associates," Decker said in a statement to employees. He added that the return-to-office mandate is intended to strengthen execution and reinforce company culture."
Home Depot will lay off about 800 corporate employees and require most remaining corporate staff to return to the office five days a week beginning April 6. Approximately 150 of the layoffs are at the Atlanta headquarters, with the remainder coming from remote roles, primarily in technology. The company plans to streamline operations, sharpen focus, strengthen execution, and reinforce company culture through increased in-person engagement. The return-to-office mandate aims to support store and field associates more directly and drive results. The moves occur amid widespread corporate and tech layoffs while Home Depot remains a dominant U.S. retailer with strong market capitalization and shares above pre-pandemic levels despite cooling renovation demand.
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