The Home Depot renovated its workforce on Jan. 28 by cutting hundreds of jobs and tightening the screws on remote work.
The world’s largest home improvement retailer cut 800 jobs associated with its support center in Atlanta, where the company is headquartered, on Wednesday.
The company also informed its remaining corporate employees that they needed to return to the office full time.
Home Depot wrote in a statement that the changes are aimed at driving “greater agility and [to] position the company to move faster and stay even more closely connected with our frontline associates.”
The newly laid-off workers are expected to receive separation packages, transitional benefits, and job placement support.
Home Depot’s stock price slid by nearly 2 percent after the corporation, which operates more than 2,300 retail stores across the United States, announced the changes.
The company’s stock price has dropped by nearly 10 percent since January 2025.
“Our results missed our expectations primarily due to the lack of storms in the third quarter, which resulted in greater than expected pressure in certain categories,” Home Depot President and CEO Ted Decker revealed in a November 2025 statement.
Decker stated that consumer uncertainty about the economy and housing market may have impacted demand.
Home Depot's staffing announcement came on the same day the Federal Reserve voted 10-2 to keep interest rates unchanged, which directly impacts the home renovators and builders who shop at building supply outlets.
The Federal Open Market Committee suggested the economy was growing, but uncertainty remained high.
“Job gains have remained low, and the unemployment rate has shown some signs of stabilization. Inflation remains somewhat elevated.”
Two days before Home Depot’s staffing announcement, the company announced it would embrace AI-powered technology to help renovators, remodelers, and builders quickly create material lists for projects without having to search the store for the right items.