Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Trade, Except Of Motor Vehicles And Motorcycles
47 - Retail trade, except of motor vehicles and motorcycles

7,000 jobs
Number of planned job losses
Job loss
Announcement Date
26 January 2009
Employment effect (start)
Foreseen end date

Description

Home Depot, an American home improvement retailer, has announced that it is to cut 7,000 jobs out of 350,000 across the world. Home Depot operates stores in the United States, Canada, Mexico and China. As of January 2009, there is no information on when job losses are to be implemepted by.


Sources

  • 26 January 2009: Finanční noviny

Citation

Eurofound (2009), Home Depot, Internal restructuring in World, factsheet number 67969, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67969.