On November 8, 2025, the Home Depot logo appears on one of its San Diego stores.
Kevin Carter | Getty Images News | Getty Images
home depot On Wednesday, it announced it would lay off 800 workers and require corporate employees to return to the office five days a week.
CEO Ted Decker said in a message to employees that the changes are aimed at making the company more “speedy and agile.”
“Expanding our industry-leading position requires positioning the company to move faster and maintain closer connections with our customers and front-line employees,” he said in the memo.
A company spokesperson confirmed the company is cutting 800 roles. He said about 150 of the employees are based at Home Depot’s headquarters in Atlanta, with the remainder working remotely, with most in the company’s technology organization and some on other corporate teams.
In an employee memo, Decker said the five-day in-office policy will begin the week of April 6, calling the change “essential to simplify our business and focus our energies on our priorities going forward.”
“Face-to-face engagement allows for more meaningful support for our store and field employees, driving results and reinforcing our human-centered culture and inverted pyramid,” he said.
Home Depot’s sales have been weaker than expected, as the retail giant waits for home turnover and heavy home improvement spending to pick up again after a demand boom caused by the coronavirus pandemic. Company executives blamed the slowdown in demand on rising mortgage rates, economic uncertainty and consumers’ reluctance to jump into more expensive projects.
When the company reported earnings in November, it missed Wall Street’s earnings estimates for the third straight quarter. Sales for the full year of 2025 are expected to increase by approximately 3%, and comparative sales excluding the impact of temporary factors such as store openings and differences in calendars are expected to be slightly positive.
Home Depot’s stock price has fallen about 10% over the past year, lagging the S&P 500’s 15% rise over the same period. But so far this year, Home Depot’s stock is up about 9%, outpacing the S&P 500’s nearly 2% rise.
Home Depot is scheduled to announce its fourth quarter results on February 24th.
