Atlanta, Home Depot Inc. said on Thursday it will cut 500 jobs at its Atlanta store support center, or about 10% of the headquarters staff.
Company spokesman Ron DeFeo said employees were notified of the cuts Thursday. He said the company wants to ensure appropriate staff levels as it boosts funds for store improvements.
"Clearly we're operating in a tough business environment," he said. "We see that continuing into 2008."
Employees to be idled will be paid through early April, DeFeo added.
Home Depot is upgrading stores, hiring more trade specialists and taking other steps to improve business and win back ma