Pink slips are unfortunately the order of the day for some 7,000 employees of Atlanta-based Home Depot.According to Home Depot, it will close all of its EXPO stores as a result of poor performance. "Over the next two months, the company will be closing 34 EXPO Design Center stores, five YardBIRDS stores, two Design Center stores and a bath remodeling business known as HD Bath, with seven locations," company officials noted in a press release. The closures will impact 5,000 employees in those locations, their support functions and their distribution centers.
Along with closing the EXPO stores Home Depot officials report the elimination of another 2,000 jobs, trimming the company's workforce by 10 percent. Approximately 500 of those cuts will be at the company's headquarters in Cobb County.
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