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Lowe's to cut thousands of store workers, shuffle jobs

from The Wall Street Journal

Lowe's Cos. is cutting thousands of workers and shuffling the jobs of thousands more, according to people familiar with the matter, as the home-improvement retailer tries to adapt to shifting shopping habits. The company plans to eliminate less than 1 percent of its workforce, or fewer than 3,000 jobs, said a person familiar with the matter. But it also will shift many workers' "back-of-house responsibilities and activities." more

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