HIALEAH, FL - MARCH 01: Customers walk into a Lowe's store on March 1, 2017 in Hialeah, Florida. Lowe's reported fourth-quarter adjusted earnings of 86 cents, versus 59 cents in the same year-ago quarter and the stock soared above 9%. (Photo by Joe Raedle/Getty Images)
Mooresville, North Carolina-based home improvement retailer Lowe’s announced Wednesday that it has laid off about 125 employees in the information technology department.
The jobs were cut primarily from the company's corporate headquarters, officials said.
Company officials said most of the jobs will be moved to India.
“Not all of those will be moving,” said Jackie Hartzell, director of public relations, according to the Mooresville Tribune. “We decided to move the responsibility of some of our back-office IT work to our employees in Bangalore (India) to reduce redundancy and respond faster to the changing retail environment.”
The affected US employees were notified Wednesday morning.
“We will provide support to help our impacted employees make the transition to new employment, including competitive severance pay and access to outplacement resources,” Lowe’s said in a statement.
The company will host a job fair for displaced employees, the Mooresville Tribune reported.