Home Depot To Cut 1000 Jobs Close 3 Stores

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    Although the cuts are not really a dramatic event considering Home Depot employed over 300,000 people however to the 1,000 people that will lose their jobs rather then be immediately transferred the announcement is not something to be happy about.

    Three specialty stores are to be closed under standard operations and about 150 of the 1000 job cuts will come at the companies headquarters support center.

    The cuts are not expected to effectively reduce costs or profits and the bottom line is expected to be unaffected.

    This comes after approximately 7000 jobs were cut in 2008 from their support staff.

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